Can you please help me with these questions I'm completely lost?

6. Deflation occurs when

Select one:

1. The average level of prices remains stable.
2. the average level of prices falls.
3. the price of a major item in your market falls substantially.
4. the inflation rate falls.
5. there are two or more consecutive quarters in which real GDP declines.

7. Including discouraged workers in the measured unemployment rate would

Select one:

1. lower the labour force.
2. raise the measured unemployment rate.
3. not change the measured unemployment rate.
4. lower the measured unemployment rate.
5. raise the measured unemployment rate only if there are no part-time workers

8. Which of the following would be in GDP expenditure-based in the national income accounts for Canada?

Select one:

1. The interest payments made to bondholders of a Canadian corporation
2. The government builds a new hospital
3. A Canadian corporation retains part of its earnings
4. An annual salary of a high school teacher

18. Which of the following is the largest single component of GDP income-based?

Select one:

1. Net domestic product at basic prices.
2. Corporation profits before taxes.
3. Personal expenditure on consumer goods and services.
4. Wages, salaries, and supplementary labour income.

19. Under which of the following conditions would you prefer to be lender? Hint: Real interest rate (r) = Nominal interest rate (i) - Inflation rate Nominal interest is the interest rate before adjustment for inflation. Real interest rate is the interest rate after allowing for inflation.

Select one:

1. The nominal rate of interest is 5% and the inflation rate is 1%
2. The nominal rate of interest is 12% and the inflation rate is 9%
3. The nominal rate of interest is 15% and the inflation rate is 14%
4. The nominal rate of interest is 20% and the inflation rate is 25%

20. If nominal GDP in 2018 exceeds nominal GDP in 2017, then the production of output must have

Select one:

1. fallen
2. risen
3. stayed the same
4. risen or fallen