Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Describe the change in jobs in Canada in August 2018. In August 2018. O A. part-time jobs decreased by 92,000 and full-time jobs increased

1. Describe the change in jobs in Canada in August 2018. In August 2018. O A. part-time jobs decreased by 92,000 and full-time jobs increased by 40,400 O B. part-time jobs increased by 40,400 and full-time jobs decreased by 92,000 O C. part-time jobs decreased by 40,400 and full-time jobs increased by 92,000 O D. part-time jobs increased by 92,000 and full-time jobs decreased by 40,400 2. Does this news story deal with scarcity? This story O A. does not deal with scarcity because the unemployment rate is relatively low OB. deals with scarcity because not everyone who wants a job has a job O C. deals with scarcity because Canada's unemployment rate is lower than the U.S. unemployment rate OD. does not deal with scarcity because not everyone in Canada wants a job 3. Is this news story a macroeconomic story or a microeconomic story? This news story is a story because OA. macroeconomic; individuals cannot make choices that influence the labour market O B. macroeconomic; it describes changes in Canada's unemployment rate O C. microeconomic; individuals feel the effects of a rising unemployment rate OD. microeconomic; the government can intervene in the labour market

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Global Business Understanding the International Environment & Global Business Functi

Authors: Julian Gaspar, James Kolari, Richard Hise, Leonard Bierman, L. Smith, Antonio Arreola Risa

2nd edition

1305501187, 9780547152127, 547152124, 9781111824259, 1111824258, 978-1305501188

More Books

Students also viewed these Economics questions