For each of the following events, describe the likely effect on real GDP in Canada.Part 2a.

TheManitobablizzardof1966

damages homes and thus increases the demand for building materials. As a result, the real GDP

.

Part 3b.

AfloodontheRedRiverdestroystheannualbarleycroponhundredsofthousandsofacresofManitobafarmland.

As a result, the real GDP

increases

is unchanged

decreases

.

Part 4c. In a

near-perfect

growing season,

Saskatchewan's

wheat crop

increases

to be 20 percent

above

normal levels. As a result, the real GDP

increases

is unchanged

decreases

.

Part 5d. A 50-percent

decline

in the world price of oil in

2014-2015

causes Alberta-based oil producers to

decrease

their oil production (measured in barrels) by 3 percent. As a result, the real GDP

decreases

increases

is unchanged

.

Part 6e. A global pandemic in 2020 leads to the unemployment of millions of Canadians whose employers are forced to suspend

operations.

As a result, the real GDP

decreases

is unchanged

increases

.

Part 7f. The widespread distribution of a new vaccine against COVID-19 in 2021 allows millions of Canadians to return to their jobs. As a result, the real GDP

increases

decreases

is unchanged

.

Part 8g. The building of a larger arena in Toronto increases the demand for Maple Leafs tickets by Torontonians. As a result, the real GDP

increases

decreases

is unchanged

.

Part 9h. The building of a larger arena in Toronto increases the demand for Maple Leafs tickets by residents of Buffalo, New York. As a result, the real GDP

is unchanged

decreases

increases

.