The High Growth Rate in Aggregate Output in Canada During

question 61

Multiple Choice

The high growth rate in aggregate output in Canada during 1991-2001 was due to

• A) an increase in the capital stock.
• B) an increase in the labour force.
• C) an increase in total factor productivity growth.
• D) the higher prices of energy.
• E) strong growth in the service sector.

Recognize and name ethers and their structural formula.

Understand the nomenclature and structural identification of ketones.

Compare the physical properties (such as boiling points) between different organic compounds (like ketones and ethers).

Recognize and name esters, and understand their functional group differences from ketones.

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Definitions:

Direct Labor Rate Variance

The difference between the actual cost and the standard cost of labor per unit of output, indicating efficiency in labor use.

Actual Costs

The real financial expenditures incurred by a company, as opposed to budgeted or estimated costs.

Standard Costs

Predetermined costs assigned to goods and services, used as target costs or benchmarks to compare with actual costs in order to manage and control costs.

Total Direct Labor Variance

The difference between the actual cost of direct labor used to produce goods and the standard cost of direct labor expected for those goods.