Here's some unhappy news for Canadians: Canada's real GDP declined steadily for the first half of 2000 . so that Canada was, at least during that period of time, and according to economists, in a

a. depression
b. recovery from recession
c. recession
d. peak or prosperity phase of its business cycle
e. deflation

C

Economics

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Which of the following does NOT indicate intraindustry trade?

A) Trading Jeeps for Toyotas B) Trading Boeing airplanes for Airbus airplanes C) Trading Bush beer for Heineken beer D) Trading Japanese-made films for Hollywood-made films E) Trading oil for trucks

Economics

A monopolist's marginal revenue curve is

A) the same as a perfectly competitive firm's marginal revenue curve. B) higher than the monopolist's demand curve. C) below the firm's demand curve. D) a horizontal line at the market price.

Economics