Which of the Following Statements Characterizes the Trend in the Canadian

question 27

Multiple Choice

Which of the following statements characterizes the trend in the Canadian aggregate price level?

• A) Despite fluctuations, CPI has risen significantly.
• B) Canada has never experienced deflation.
• C) Inflation has always been low, thanks to the Bank of Canada's policy.
• D) The most recent deflation in Canada occurred in 2008.

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Definitions:

United States Census Bureau

A principal agency of the U.S. Federal Statistical System, responsible for producing data about the American people and economy, primarily known for conducting the decennial census.

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