Any one know the answers to these multiple choice question 11

I Search documents a Question 10 [6 points] ._ An economy has two main types of industry. One produces services and the other produces goods. The service industries produce services for households and businesses with a total market value of $19,000. The goods industries produce goods for the use of both households and businesses with a total market value of $10.000. The service industries spend $1.600 on computers and paper and envelopes supplied by the goods industries. The goods industries spend $1.300 to buy nancial, insurance, advertising, and custodial supplies from the service industries. Find the nal value of each industry and the nominal GDP of the economy. Please make sure your nal answer(s] are accurate to the nearest whole number. one For all the questions below select the appropriate answer: a) A basic measure of the standard of living in a country is: O that country's nominal GDP. 0 that country's real GDP. O that country's nominal GDP per capita. O that country's real GDP per capita. b} Based on your observations and study of economics you know that: O Canada has experienced falling prices. a deation. over the past decade. 0 annual ination in Canada has averaged about 2.0 percent in the past decade. 0 Canada has been without ination, prices have been constant. for the past decade. 0 annual inflation in Canada in the past decade has averaged about 10 percent. c) Decisions by producers to hire more factors of production and produce more produce goods and services: 0 result in ineicient production and wasted resources. 0 result in incomes for households that can be used to buy producer's outputs. O contribute to the ination rate in the economy. 0 are not related to the expenditure plans of households and businesses. It] If increasing retirements by 'baby-boomers' reduce the annual growth rate of the labour force from 3 percent to 2 percent while employment continues to grow by 2.5 percent: 0 the unemployment rate will fall by about 0.5 percent. 0 the unemployment rate will remain unchanged. 0 the unemployment rate will increase by about 2 percent. 0 the unemployment rate will be about 2.5 percent. a) Over the period 2004 to 2007 Canadian real GDP: 0 grew at an annual rate of about 3.0 percent. 0 grew at an annual rate of about 10 percent. 0 was unchanged. 0 declined about 2 percent a year