20 21 Question 23 (1 point) 24 Canada's "Unemployment Rate" can differ from its "Natural Rate of Unemployment" due to the following source(s) of unemployment 27 -- cyclical 30 Ofrictonal & structural 33 structural frictional 36 Question 24 (1 point) The "Phillips Curve" impliesQuestion 34 (1 point) 16 The government plans to spend an additional $250 million on road construction to access a new mining site in northern Canada. Economists estimate the marginal propensity to import is 12.5% and the marginal propensity to consume is 36%. Ignoring any losses to the "crowding out effect", in theory how large could aggregate demand grow from this initial investment by government $390.6 million O$485.4 million $326.8 million $250.0 million Rain to stop (8) OQuestion 35 (1 point) Stock Markets in North America are currently falling - some would say "the worst is yet to come". This phenomena would cause the Aggregate Demand curve in North America to O shift downward to the left causing the economy to contract shift upward to the right causing the economy to contract shift upward to the right causing the economy to expand shift downward to the left causing the economy to expand Question 36 (1 point) if more university's offer business degrees. the Rain to soo AO 21 Question 36 (1 point) All else being equal, if more university's offer business degrees, the 24 supply curve for business degrees will shift to the left, thereby increasing the 27 market price of a university degree in business supply curve for business degrees will shift to the right, thereby increasing the 30 market price of a university degree in business 33 supply curve for business degrees will shift to the left, thereby lowering the market price of a university degree in business 36 supply curve for business degrees will shift to the right, thereby lowering the market price of a university degree in business21 Question 33 (1 point) 24 Suppose GDP last year in a closed economy was $3000, taxes were $200, government spending was $500, and consumption was $1400. What was private saving? 27 O $1,400 30 O-$300 33 Onone of the listed answers are correct 36 O s1,100 Question 34 (1 point) vernment plans to spend an additional $250 million on road constructionQuestion 31 (1 point) "Crowding Out" occurs when C continued government surpluses increase interest rates, thereby increasing private investment Ocontinued government deficits increase interest rates, thereby decreasing private investment continued government surpluses decrease interest rates, thereby decreasing private investment continued government deficits increase interest rates, thereby increasing private investment Question 32 (1 point)continued government deficits increase interest rates, thereby increasing private 21 investment 24 Question 32 (1 point) If a Central Bank wants to increase economic activity they could 27 all the listed answers are correct 30 make "open market" purchases 33 reduce the "reserve ratio" Oact to reduce the "overnight interest rate" 36 Question 33 (1 point) Suppose GDP last year in a closed economy was $3000, taxes were $200, ption was $1400. What was private