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choose the right answer no need to justify The index that measures the price level in the economy: A- THE HDI B- The consumer price

choose the right answer no need to justify

The index that measures the price level in the economy: A- THE HDI B- The consumer price index C- The CPI basket D- Inflation E- The labor market

2- One of the following statements is not related to macroeconomics A- The recent decision of the Bank of Canada to leave the target overnight rate unchanged B- The comparison of prices in the legal cannabis market and the illegal cannabis market. C- The evolution of consumer spending by Canadians over the past ten years D- The risk of a global recession following the trade war between the United States and China. E- The evolution of the cost of living in Ontario since the 2008 financial crisis

3- What does the term unemployment mean? A- People who do not want to work at the market rate of pay B- A person who cannot work at the market rate of pay C- There is excess demand in the labor market D- There are people who want to work but cannot find a job E- It is the people who want to stop working

4- A liter of milk cost $0.75 in 1990 (CPI=68). What is its value in 2019 (CPI=130) A- 4,22 $ B- 1,43 $ C- 2,21 $ D- 1,56 $ E- 3,21 $

5- Consider a country with a population of 250 million. There are 170 million people working and 50 million who are unemployed and not looking for work. What is the labor force participation rate? A- 76% B- 45% C- 67% D- 75% E- No correct answer (77,27%)=170 M/(170M+50M) x100

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