Three of the Major Indicators of the Economic Condition of Canada

question 101

Multiple Choice

Three of the major indicators of the economic condition of Canada are the gross domestic product (GDP) ,the price indices,and the:

• A)debt to equity ratio (DER).
• B)gross resource utilization index (GRUI).
• C)unemployment rate.
• D)index of capital formation.

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Definitions:

Breach of Warranty

The failure to meet the terms of a promise or guarantee made about the quality or condition of a product or service.

Outdoor Outfitters

Companies or organizations that provide or sell equipment and supplies for outdoor activities.

Remedies Available

The various means a court of law has at its disposal to address, rectify or compensate for harm or injury caused by a breach of duty or right.

Written Warranty

A written warranty is a legally binding guarantee issued by a manufacturer or seller to a buyer, promising to repair or replace the product if necessary within a specified period.