Table 11.5 -Refer to Table 11.5.Consider the Hypothetical Information in the Table

question 168

Multiple Choice

Table 11.5
-Refer to Table 11.5.Consider the hypothetical information in the table above for potential real GDP, real GDP, and the price level in 2017 and in 2018 if the Bank of Canada does not use monetary policy.If the Bank of Canada uses monetary policy successfully to keep real GDP at its potential level in 2018, which of the following will be higher than if the Bank of Canada had taken no action?

• A)real GDP and the unemployment rate
• B)real GDP and the inflation rate
• C)real GDP and potential GDP
• D)potential GDP and the inflation rate
• E)unemployment and the participation rate

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Definitions:

Subscapularis

A muscle in the shoulder that assists in rotating the arm and stabilizing the shoulder joint.

Teres Major

A muscle located in the upper arm that assists in the rotation and adduction of the arm.

Shoulder Level

A reference point used in medical and fitness contexts to describe the height or area around the shoulders of a human body.

Pectoralis Major

A large muscle in the upper chest that aids in the movement of the shoulder and the arm.