Question 1:

What is the impact of a rise in wages (shock) on output in the long run (variable)?

a.There is an increase in the variable as a result of the event. b. There is a decrease in the variable following the event. c.There is no change in the variable as a result of the event. d. There is uncertainty about the change in the variable as a result of the event.

Question 2:

What is the impact of an increase in the life expectancy of people in Canada (shock) on private savings in Canada (variable)?

a.There is an increase in the variable as a result of the event. b. There is a decrease in the variable following the event. c.There is no change in the variable as a result of the event. d. There is uncertainty about the change in the variable as a result of the event.

Question 3:

What is the impact of increasing the length of time that Swedish babies are breastfed by their mothers (shock) on the labor force in Sweden (variable)?

a.There is an increase in the variable as a result of the event. b. There is a decrease in the variable following the event. c.There is no change in the variable as a result of the event. d. There is uncertainty about the change in the variable as a result of the event.

Question 4:

What is the impact of the decline in the US labor force (shock) on the US unemployment rate (variable)?

a.There is an increase in the variable as a result of the event. b. There is a decrease in the variable following the event. c. There is no change in the variable as a result of the event. d. There is uncertainty about the change in the variable as a result of the event.

Question 5:

What is the impact of an increase in the duration of full-time studies among young Canadians (shock) on the labor force in Canada (variable)?

a.There is an increase in the variable as a result of the event. b. There is a decrease in the variable following the event.c.There is no change in the variable as a result of the event. d. There is uncertainty about the change in the variable as a result of the event.