All but Which of the Following Factors Is Related to the Propensity

question 42

Multiple Choice

All but which of the following factors is related to the propensity for immigrant groups to live in three or more generation households?

• A) marriage
• B) lower incomes
• C) widowhood
• D) non-receipt of pension benefits
• E) shorter time in Canada

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Definitions:

Total Output

The total quantity of goods and services produced within an economy at a given overall price level and within a specified period.

Equilibrium

A state in which market supply and demand balance each other, and, as a result, prices become stable.

Aggregate Demand

The aggregate need for every good and service within an economy, measured at a certain fixed price level during a specific time frame.

Aggregate Supply

Aggregate supply is the total supply of goods and services that firms in a national economy plan on selling during a specific time period, under a given price level.