Over the last 140 years or so, on average Canada's real GDP per-person grew faster than that of the U.K

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Figure 4.3 illustrates the demand for tacos. Assume that tacos and beer are complements. An increase in the price of beer would bring about a movement from

A) point a to point b. B) point c to point b. C) D2 to D1. D) D0 to D2.

Economics

Which of the following is true of the natural rate of unemployment?

A) The actual rate of unemployment is higher than the natural rate of unemployment during a recession. B) The natural rate of unemployment excludes long-term structural unemployment. C) The natural rate of unemployment is the socially optimal or desirable rate of unemployment. D) The natural rate of unemployment excludes frictional unemployment.

Economics