The Run Up in Canadian Inflation in the 1970s and the Subsequent

question 26

Multiple Choice

The run up in Canadian inflation in the 1970s and the subsequent decline in Canadian inflation in the 1980s and 1990s is

• A) explained equally well by the Central Bank Learning Story and the Central Bank Commitment Story.
• B) well explained by the Central Bank Learning Story, but not well explained by the Central Bank Commitment Story.
• C) well explained by the Central Bank Commitment Story, but not well explained by the Central Bank Learning Story.
• D) not well explained by either the Central Bank Learning Story or the Central Bank Commitment Story.
• E) well explained by the Central Bank Learning Story for the 1970s and the Central Bank Commitment Story for the 1980s and 1990s.

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Definitions:

Gametic Isolation

A type of prezygotic barrier where the gametes (egg and sperm) of two different species fail to unite or fertilize, preventing the formation of a zygote.

Hybrid Inviability

A postzygotic barrier where offspring resulting from the mating of two different species fail to survive to reproductive maturity.

Mechanical Isolation

A form of reproductive isolation where two species are prevented from interbreeding due to physical incompatibilities that prevent successful mating or fertilization.

Magic Traits

Specific traits in evolutionary biology that influence both mate choice and survival, facilitating speciation.