Which of the Following Macroeconomic Variables in Canada Do NOT

question 38

Multiple Choice

Which of the following macroeconomic variables in Canada do NOT display a significant long-run trend over recent decades?

• A)real GDP
• B)the price level
• C)the level of unemployment
• D)the unemployment rate
• E)the level of labour productivity

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Definitions:

E-marketplace

An online platform where buyers and sellers meet to exchange goods, services, or information, often supported by electronic tools and services.

Privately Owned Trading Communities

Online platforms or networks owned by private entities that facilitate trading, business transactions, and communication among its members.

Bid Price

The highest price that a buyer is willing to pay for a security, currency, or commodity.

Straight Rebuy

A purchasing situation in which a company reorders an existing product or service from a list of acceptable suppliers without modifications.