Which of the Following Statements Is the Most Accurate About

question 16

Multiple Choice

Which of the following statements is the most accurate about the behaviour of the unemployment rate in Canada over the last half of the 20th century?

• A) Both the cyclical behaviour of the unemployment rate and the trend behaviour of the unemployment rate are well explained by changes in the level of aggregate economic activity.
• B) The cyclical behaviour of the unemployment rate is well explained by changes in the level of aggregate economic activity, and the trend behavior of the unemployment rate is well explained by demographic factors.
• C) the cyclical behaviour of the unemployment rate is well explained by demographic factors, and the trend behaviour of the unemployment rate is well explained by changes in the level of aggregate economic activity.
• D) Both the cyclical behaviour of the unemployment rate and the trend behaviour of the unemployment rate are well explained by demographic factors.
• E) Both the cyclical behaviour of the unemployment rate and the trend behaviour of the unemployment rate are not well explained by demographic factors.

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Definitions:

Attainable

Something that can be achieved or reached through effort, skill, or hard work.

Specific Goals

Objectives that are clearly defined, measurable, achievable, relevant, and time-bound, aimed at guiding actions and motivating individuals or teams towards achievement.

Difficult Goals

Objectives that are challenging to achieve due to their complexity, high standards, or the significant effort required to accomplish them.

Weekly Quota

A designated target or minimum amount of work, sales, or similar measure that must be achieved in a week.