point) What does "monetizing the debt" involve? OA) Government selling bonds to the general public B) Government selling bonds to the Bank of Canada ) C) The Bank of Canada selling bonds to government D) The Bank of Canada selling bonds to the general public Canada produces little or no pineapples because: A) Canadians do not like pineapples. B) It is too expensive to grow pineapples in Canada. C) Canada would find no export market for pineapples. D) The Canadian government has decided that the country is better off producing something else and trading for pineapples. What is the cornerstone of trade? OA) The fact that countries have different factor endowments. OB B) Specialization. C) The presence of economies of scale. OD) Monopoly power. Total demand for money equals: A) the purchasing demand for money. B) the transactions demand for money. C) the asset demand for money. D) the transactions demand plus the asset demand for mone E) the transactions demand less the asset demand for money What is meant by the velocity of money? A) The number of times per year that each unit of currency is used before it is recalled by The Canadian Mint. B) The number of times per year that the average unit of currency is spent buying final goods and services. C) The money supply divided by the level of GDP. D) The rate at which M1 changes into M2 or M3. What has happened to the size of the national debt in the last thirty years? A) Stayed the same. B) B) Increased C) Decreased. D) Turned to a negative value. What does the LAS curve reflect? A) The effect of a change in the price level. B) A constant real wage level. C) Various levels of employment. D) Less than capacity output. Question 24 (1 point) "The aggregate quantity of goods and services produced by all sellers at various prices". Of what is this a definition? A) Aggregate expenditure. B) Aggregate supply. C) Aggregate demand. D) Potential GDP