Fill in the blanks to make the following statements correct.

a. The value of total production of goods and services in Canada is called its _______ National _______ and national _______ are equal because all production generates a claim on its value in the form of income.

b. In measuring Canada's total output, it would be meaningless to add together all goods and services produced during one year (i.e., 500 00 trucks plus 14 million dozen eggs plus 100 million haircuts, etc.). Instead, total output is measured in ___________

c. The difference between nominal national income and real national income is that with the latter,___________ are held constant to enable us to see changes in ___________

d. If all of Canada's resources-its land, labour, and capital-are "fully employed", then we say that Canada is producing its _____________

e. e. The output gap measures the difference between __________ and __________ . During booms, ____________ is greater than __________ ; during recessions,___________ is less than ___________ .