Which of the Following Statements About Canada's Long-Term Growth Trends

question 88

Multiple Choice

Which of the following statements about Canada's long-term growth trends is false?

• A)Economic growth rates have been steady, except for the business cycle.
• B)Economic growth rates show periods of slow and high growth.
• C)Economic growth rates were faster in the 1990s than in the 1980s.
• D)Economic growth rates have slightly faster in the United States than in Canada.
• E)African countries have fallen further behind Canada in recent years.

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Definitions:

Collateralized Bonds

Bonds that are secured by a collateral asset, providing higher security to bondholders in case of issuer's default.

Issuing Firm

A company or entity that releases securities into the financial market for the first time, often through initial public offerings (IPOs) or bond sales.

General Earning

The total income generated by an entity from its operational activities.

Collateralized Debt Obligation

A complex structured finance product that pools together cash flow-generating assets and repackages this asset pool into tranches that can be sold to investors.