Suppose Canadian Real GDP Is Equal to Potential GDP

question 104

Multiple Choice

Suppose Canadian real GDP is equal to potential GDP.A significant and sustained appreciation of the Canadian dollar would likely lead the Bank to engage in a contractionary monetary policy if the Bank's policy experts traced the cause of the appreciation to

• A)a decrease in the overnight lending rate.
• B)an increase in the desire of non-residents to purchase Canadian financial assets.
• C)an increase in the desire of non-residents to purchase more Canadian goods and services.
• D)a reduction in Canada's core inflation rate.
• E)a recession in Canada.

Distinguish between Internet search engines and online databases.

Understand the roles and types of questions in surveys and research.

Understand the importance of using a representative sample in surveys to ensure validity and reliability of data collected.

Identify the characteristics and limitations of closed and open-ended questions in data collection.

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Definitions:

Confidence Interval

A span of numbers obtained from analyzing sample data that is probable to encompass the actual population parameter within a certain confidence level.

Deaths Caused by Accidents

The number or rate of fatalities resulting from unintended events or incidents, often used in public health and safety analysis.

Randomly Selected Deaths

Refers to deaths chosen without a specific pattern or criteria, ensuring no bias in selection.

Faulty Parallelism

An error in sentence structure where parts of a sentence that are supposed to be grammatically parallel fail to match in form.