From 1962 to 2010, What Was the Average Yearly Increase

question 23

Multiple Choice

From 1962 to 2010, what was the average yearly increase in Canadian labour productivity growth?  

• A) 0 percent 
• B) about 2 percent 
• C) about 5 percent 
• D) about 10 percent

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Definitions:

Large Denomination

Refers to currency or financial instruments issued in large amounts, often used for major transactions or investments.

Bank Failures

Occurrences where a bank is unable to meet its obligations to its depositors or other creditors because it has become insolvent or too illiquid to meet its liabilities.

Commercial Banks

Financial institutions that offer a wide range of services, including deposits, loans, and other financial products to businesses and individuals.

Incomes

Regular financial earnings obtained from labor services or investment gains.