The Table Provides Data About the Savings Behaviour of Canadians

question 212

Multiple Choice

The table provides data about the savings behaviour of Canadians in the year 2000.Use the information for the question below.

-In 2000,private saving in Canada was

• A) $246.3 billion.
• B) $208.6 billion.
• C) $108.6 billion.
• D) $221.6 billion.
• E) $185.1 billion.

---

Definitions:

Wage Rates

The standard amount of compensation given to employees for their services per unit of time or piece of work.

AFC

Average Fixed Costs, which are total fixed costs divided by the quantity of output produced.

AVC

Average Variable Cost; the total variable costs divided by the quantity of output produced.

ATC

Average Total Cost, which is the total cost divided by the quantity of output produced, representing the per-unit production cost.