Examlex
If the wage is kept above the equilibrium wage for any reason, the result is structural unemployment.
Phillips, Hager & North
A Canadian investment management firm, known for its mutual funds and portfolio management services.
Canadian Equity Fund
An investment fund that concentrates on equities (stocks) based in Canada.
Escalating Rate GIC
A Guaranteed Investment Certificate (GIC) where the interest rate increases at set intervals over the term of the investment.
Compounded Annually
A method of calculating interest where the interest is added to the principal at the end of each year, leading to compound growth.
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