Which of the Following Is an Explanation as to Why

question 14

Multiple Choice

Which of the following is an explanation as to why fluctuations in real GDP have become less volatile in Canada since 1950?

• A) The government has become less inclined to intervene to stabilize the economy.
• B) Employment insurance and other government transfer programs have become more prevalent.
• C) The government and the Bank of Canada have decreased regulation and scrutiny of the financial system.
• D) Goods manufacturing has become a larger fraction of GDP.

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Definitions:

Second World War

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, marked by significant battles, genocide, and the eventual defeat of Axis powers.

Colonization

The act of establishing control over indigenous people of an area or country, often involving exploitation or displacement of those people.

Colonizing Nations

Countries that establish and maintain colonies in other lands, typically to exploit resources and spread their influence.

Core

The central, most important, or foundational part of something, often referring to the main area of concentration in a field of study or the primary group within a society.