Question
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
Translated with www.DeepL.com/Translator (free version)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started