Because Workers in Canada Work Fewer Hours Per Week, on Average

question 92

Multiple Choice

Because workers in Canada work fewer hours per week, on average, than they did over 100 years ago,

• A)workers in Canada are worse off than they were over 100 years ago.
• B)workers in Canada earn less income than they did over 100 years ago.
• C)GDP is lower than it would be if Canadian workers worked the same hours that they did over 100 years ago.
• D)GDP is higher than it would be if Canadian workers worked the same hours that they did over 100 years ago.
• E)GDP is higher due to the technological progress made by people in their time off.

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Definitions:

Marketing

The business process of identifying, anticipating, and satisfying customers' needs and wants through creating, offering, and exchanging products of value.

Operations

The day-to-day activities involved in running a business, especially those related to production and delivery of goods and services.

Seasonal Demand

The fluctuation in consumer demand for particular products or services at different times of the year, influenced by seasons and holidays.

Manufacturing Capacity

The maximum amount of products that can be produced in a manufacturing facility within a given timeframe, considering the limitations of resources and space.