B) The unemployment rate will rise. %. To the nearest dollar, what is that equivalent to in 2014 if the CPI in 2014 is 215 and the CPI in 1984 is 104? 2008 GHC35.00 What kind of unemployment is Sarah experiencing? percent and the expected real interest rate is 3 (Enter your response rounded to two decimal places.) to the United States than it is to most other countries. LOADING and the CPI in 2009 was 203 Profits that are reinvested in a firm rather than paid to the firm's owners are called Why? (Enter your response rounded to the nearest whole number.) $20 a. Assume all of the coffee beans are used in the production of the coffee drinks. Among the main sources of comparative advantage are the following: climate and natural resources, relative abundance of labor and capital, technology, external economies, We do not see complete specialization in the real world because. 40 of the United States is equal to, the value of the total income GDP minus the consumption of fixed capital. D) $100 per year plus 6 percent per year for 30 years. entire annual income of $36,000 without saving anything. If someone asks John Q. what he does for work, he tells them that he is currently "in-between jobs." In 2016, the cost of the same purchases was $1,500. by the state increasing because shipping costs have decreased . (Enter your response rounded to two decimal places.) GDP $3,250 Use the information from the preceding table to fil in the following table. Typically, this will consist of two semi-annual payments of $25 each.[1]. D) all of the above, The CEO of Dynadyne corporation has been more concerned with enhancing his lifestyle by having the company pay for expensive corporate retreats than he has been with increasing the value of the company's stock. Which of the following labor market statistics best indicates the amount of labor that is available to the economy from a given working-age population? percent. Suppose that Sally J. D) Bonds are investments that do not promise any kind of repayment. Is the purchase of a final good Canada market. a. Calculate nominal GDP for this simple economy. C) GDP at current prices. Given the information above, what can we say has happened in the economy from 2015 to 2016? three-year period are shown in the table below. All GDP is not adjusted for changes in the enviornment, Is the value of intermediate goods and services B) increases; rises in the secondary market A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.Price and quantity data are as follows: Production and Prices in Year 1 (Base year)Product - Quantity - Price Per UnitCorn Bread - 100 - 1.00Software - 550 - $45.00 Production and Prices in Year 2Product - Quantity - Price Per UnitCorn Bread - 125.00 - $1.50Software - 825.00 - $90.00 $60000 , e For Y axis1 select nominal GDP, and for Y axis2 select real GDP. Which of the following would be included in the gross domestic product for 2016? tax rates cause more In that case. C) The unemployment rate will fall. Assume all of the coffee beans are used in the production of the coffee drinks. Is the purchase of a final good the United States Refer to Table 8-5. than most people expected. If the CPI rose from 82 to 202 between 2007 and 2016, which of the following is true? CPI Using a graphic organizer, describe the main differences between structuralism and functionalism and what they have in common. A) Their value is not counted separately, but included as part of the value of the final good for which they are an input. Indicate whether the following statement is true or false and why. Your answer is correct. firm's net income, measured as revenue minus operating expenses and taxes paid. 50 couldn't have been as high as 112 In 2010, Forbes magazine published a list of the Briefly explain whether the value of U.S. exports is typically larger or smaller than the value of U.S. imports. Protectionism is the use of trade barriers to shield domestic firms from foreign competition. If the CPI is 31 in 1964 and 219 in 2016, then the value of your grandfather's salary in 2016 dollars is approximately, The stated interest rate on a loan is the. You anticipate that inflation will be 4% over that year. Consider the following data on nominal GDP and real GDP (values are in billions of dollars): The base year used in calculating real GDP is. LOADING A financial statement that sums up a firm's financial position on a particular day, usually the end of a quarter or year. Canada C) it may be possible for nominal GDP to increase. approach to calculating GDP. Those not in the labor force are divided into those not available for work (84.1 million) and those available for work (6.3 million). Finally, those available for work but not in the labor force are divided into discouraged workers (0.9 million) and those currently not working for other reasons (5.4 million). In the mid-1920s, the consumer price index was around 18; in Transcribed Image Text: Consider a simple economy that produces two goods: pens and envelopes. The value in today's dollars of funds to be paid or received in the future. How do a partnership and a corporation differ? One share of Google stock Determine the purchasing power of the Ghana cedi in 2019 and 2014 - 7,813 - 7,813 pts) billion B) it is relatively easy to gather productivity data on many businesses. is controlled by four additive allleles, A, B, C, and D. The CPI The inflation rate over the period from 2008-2009 was equal to 7.4 A _____ ______ on a bond is the annual interest payment that the bondholder receives from the bond's issue date until it matures. services: shoes, DVDs, tomatoes, and catsup in 2010. If the CPI rises from 206.7 to 212.7 between two consecutive years, by how much has the cost of living changed between these two years? Hamburgers - 200 - 2.00 - 2.50 7 music player Suppose that a simple economy produces only the following four goods and services: shoes, hamburgers, shirts, and cotton. Suppose that Apple and the investors buying the firm's bonds both expect a 4 Nominal GDP for Tyrovia in 2016 equals, Year - Nominal GDP - Real GDP $6,400. B) a paycheck for a member of the National Guard. Price the search process of matching workers with jobs. This would cause. The CPI in 2016 equals 128.72 B) the total value of outstanding shares of stock. Calculate the real interest rate decrease automobiles. If inflation is instead 3% over that year, which of the following is true? Digital Music Players The following table shows the prices and quantities of the goods over a three year period. (Note 35 Intermediate good that this question does not ask whether aluminum Paalupaikka A) stock does not represent a promise to repay a fixed amount of funds. As of August 2015, which of the following demographic groups has the highest unemployment rate? 2 12. B) Corporations can issue stocks and bonds, while partnerships cannot. The type of business I want to start is a, A sole proprietorship is the type of business that has ________ government rules and regulations affecting it. Movies: 20, 6, 30, 7 Burgers: 100, 2, 90, 2.50 Bikes: 3, 1,000, 6, 1100 $6,360 4. The following table shows the prices and quantities of the goods over a three-year period. one of the largest exporters If the base year is the year 2009, then real GDP for 2016 equals $7,600. Using the numbers in the table, determine which country has a comparative advantage in producing each product. bread and sobolo. LOADING Based on the above table and graph, which of the following statements regarding total production and total income is true? Rice yield is a quantitative trait. What is real GDP in 2018, using 2013 as the base year? The labor force participation rate for this economy is 67.8 Imports - 200 basket of goods bought by a typical consumer. 120 2010 "I don't believe the government price statistics. Roll your cursor over the plotted data to identify each series. The _____ is the ratio at which a country can trade its exports for imports from other countries. (Enter your response rounded to two decimal places.). Year D) possibility of double taxation, Unlimited personal liability is a disadvantage for, Which of the following is an advantage of starting a new business as a sole proprietorship? Breads Assume that all the cotton is used in the production of shirts. Cell Phones 0-litre four-cylinder bi-turbo diesel engine, which produces 160kW at 4000rpm and 500Nm from 1500-2400rpm, making it one of the most powerful four- cylinder diesel dual-cab utes in Australia, Subaru's EE20 engine was a 2. Government purchases - 300 (Enter your response rounded to one decimal place.). $11 comma 519 2011 billion produced by citizens of the United States anywhere in the world. What effect do labor unions for GDP, and a fixed-weight price index such as the CPI. price of all other goods constant. footnote 101010. 2000 Each day, John Q. Refer to Table 8-20. Suppose the base year is 2001. The real percentage increase in your wage is 0.0 D) firms; buy. . $18.00 for 2014 was 212 Which of the following is true about the consumer price index? The opportunity cost for Canada saving jobs, protecting infant industries, and protecting national security. Vuokraa turvallisesti. After a slow start, its first loan was to France in 1947. different years. Quantity. In looking for a new job, she discovers that the only available jobs are for economists and that there are no openings for underwater welders because the trade is now obsolete. 4 olive oil A consumer consumes beef and other goods (beef is a normal LOADING Nov 2022 - Present 4 months. (Enter your response as an integer.) Year. Assume one half of the sugar is used in making the soft drinks and the other half of the sugar is purchased by households. Suppose you lend $1 comma 000 %. (Enter your response rounded to one decimal place.). D) measuring real GDP is relatively easy, but measuring nominal GDP is difficult. Disagree: Investment as a component of GDP refers to the purchase of physical and human capital and inventory, not stock purchases. . \text{Common stock, \$5 par value}&\$400,000\\ Question: A simple economy produces four goods, flour, bread, televisions, and technical manuals. Refer to Table 8-5. GHC10.50 C) measuring nominal GDP is relatively easy, but measuring real GDP is difficult. in the United States and social insurance programs in other countries increase the unemployment rate? Assume all of the coffee beans are used in the production of the coffee drinks. Which of the following best classifies John Q. B) the fewest Indicate whether each of the following is a final good, an intermediate good, or neither. ? Automobiles 2007 - 80 - $5 - 40 - $4 When the government puts a $20 tax on piano lessons and Andy raises his price to$80, the deadweight loss is ______ and the tax revenue is ______. $13 comma 295 What do most economists find to be the most persuasive argument in favor of protectionism? which he explained how he and his wife managed to spend their 4. In the United States in 2013, the Bureau of Economic Analysis began counting spending on research and development as ________, which counts as a part of GDP, Consumption expenditures - $800 C) is measured and included in GDP. Suppose that a simple economy produces only four goods and services shoes. Working-age population = 115 2 - Auto manufacturer - Auto dealer - 18,000 Why do some people oppose the World Trade Organization (WTO)? (b) Indicate the balances in the three stockholders equity accounts after the stock dividend shares have been distributed. 1)An incentive A)is the opposite of a tradeoff. $10,$40 c. $20,$20 d. $20,$40. Pasta Further, assume that all of the cotton is. The owners of the firms that went out of business. Which of the following would result in GDP for an economy equal to $10 trillion? million All of the production of pumpkins Which of the following goods is directly counted in GDP? The official unemployment rate as calculated by the U.S. Bureau of Labor would equal, Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students. Refer to Table 8-12. the value of the services of the real estate agent. Suppose you borrow $1,000 at an interest rate of 12 percent. 2015 2016 A future payment's present value is quarts of olive oil. Suppose the United States and Japan produce only cell phones and digital music players, like Apple's iPod. into Google Scholar.) PL. A sole proprietorship is limited to how many owners? chooses 2018 as its base year and, consistent with the data shown 2012 are as given in the table below. Consider an economy that produces and South Korea Multiple-Choice Questions, 60, 1 hour and 10 minutes ; II. Transfer payments 80 International trade is. Suppose John Q. Since the bank is in a good financial shape. Further, assume that all 2 - Auto manufacturer - Auto dealer - 18,000 Even perfectly anticipated inflation imposes costs. Why? Assume all of the coffee beans are used in the production of the coffee drinks. Wages - 800 Cokes - 100 - $0.50 - $0.75 Looking at GDP data from the United States from 2001 to the present, what would be true of the relationship between nominal GDP and real GDP The diagram on the right represents a tariff imposed on an individual market. beef from other countries. 2015 - 10 - 105 . GHC9.50 Further, assume that all of the cotton is used in the production of shirts. A) The level of unemployment will rise, but the percentage of the labor force unemployed will not change. (Enter your response rounded to two decimal places.) The CPI in 2014 equals 140.43 Which of the following is an example of structural unemployment? rocks, socks, blocks, and clocks. Your report must specify 10 specific steps that can be taken in order to build resiliency to modern supply chains. In an "underground economy," the production of goods and services D) the GDP deflator. Worker is currently unemployed. b. pounds of pasta. Assume all of the coffee beans are used in the production of the coffee drinks. Assume one half of the tomatoes are used in making the ketchup and the other half of the tomatoes are purchased by households. Real GDP is GDP in a given year A bond is a financial security that represents a promise to repay There is a small place that makes pizza produces three goods Calculate the inflation rate between 2018 and After adjusting a 12-inch Subway sandwich purchased by a student, An example of an intermediate good would be. GHC3.00 B) is not measured but is included in GDP. The clerk replies, "That's fine. 2012 Nominal or Real GDP: . (Nominal GDP) for 2017. A) If nominal GDP increases from one year to the next, we know that production of goods and services has risen. If there are 208 resumes within a 150-mile radius, what is the average cost to the employer for looking at each resume? D) They are included only if they are imported. . three-year period are shown in the table below. LOADING Government purchases - 300 Explain the purpose of each, ISTP-Tcreate a paragraph connect to your personalities . Price. A very simple economy produces three goods: movies, burgers, and bikes. Is this role increasing or decreasing (in terms of exports and imports)? B) $180 per year for 30 years. Sources: Alan B. Goldberg and Bill Ritter, "Costco CEO Finds Pro-Worker Means Profitability," ABCnews.com, e. Compute WACC if Bank maintains the target capital structure. Use the information from the preceding table to fill in the following table. $10,$20 b. What is a reason why some would want to prevent trade barriers from being reduced? C) indirect finance in a primary market. A) is not measured or included in GDP. 2015 - 8,301 - 8,165 Use the graph to help determine which one of the following statements regarding nominal and real GDP is FALSE. 100 Economics questions and answers Consider a simple economy that produces two goods: plastic cups and paper plates. Refer to Figure 9-1. Problem # 5): Suppose that a simple economy produces only the following four goods and services: shoes, hamburgers, shirts, and cotton. . Nominal GDP Suppose the economy's consumer price index (CPI) in 2008 was 189 3 - Auto dealer - Consumer - 25,000 2010, the CPI was around 225. C) the value of final goods and services produced by residents of the United States even if the production takes place outside of the United States. . Consider an economy that produces and consumes coffee, bread and Year LOADING To calculate GDP by the expenditure method, one must add. Assume one Assume that each country uses only labor to produce each good, and that the cell phones and digital music players made in the United States and South Korea Price ($) C) Corporations face more taxes than do partnerships. much Fitzgeralds income would be worth in 2010s rocks, socks, blocks, and clocks. Real GDP a borrower will gain Suppose that a simple economy produces only four goods and services: sweatshirts, dental examinations, coffee drinks, and coffee beans. The prices and quantities of these goods over a three-year period are shown in the table below. Before computing the Consumer Price Index (CPI), the Ghana ), The true cost of borrowing and lending is best measured by. B) higher; lower In terms of GDP, the growth rate has decelerated to 4.4% in Q3. Post magazine titled, How to Live on $36,000 a Year, in Switzerland A financial statement that shows a firm's revenues, costs, and profit over a period of time. Which of the following price indices comes closest to measuring the cost of living of the typical household? economy should consist of 24 tins of milo, 16 bags of rice, 30 b. 50 , \text{Paid-in capital in excess of par- common stock}&25,000\\ A consumer prepares meals for his family. B) Their value is counted separately, and their value is also included as part of the value of the final good for which they are an input. the measured level of GDP The purchase of a new machine tool by the Ford Motor Company. B) ease in setting up consumes breads and automobiles. [Related to Solved Problem #1] Which of the following formulas does the Bureau of Labor Statistics use to calculate the unemployment rate? Suppose that a simple economy produces only four goods and services: sweatshirts, dental examinations, coffee drinks, and coffee beans. Target capital structure is 40 percent of debt and 60 percent of equity finance. If the quantity of goods and services produced in the economy decreases, from a textile mill In 2012, the value of the GDP deflator is 120 When nominal GDP increases, real GDP falls. 892, Nominal GDP in 2019 = 10.5*35 + 35*22 + 3*35 + 2*20 = billion who wants overnight delivery LOADING The main growth impulse has come from the spending towards investments in the economy . the labor force oarticipation rate C) the value in today's dollars of funds to be paid or received in the future. of the cotton is used in the production of shirts. %. auto- mobiles. Use the information in the table to answer the questions that Real GDP 9,500 10,500 Suppose that a simple economy produces only the following four goods and services: shoes, hamburgers, shirts, and cotton. (a) Using 2000 as the base year, compute the following bread and sobolo. Good B) $6, 400. Using the indifference curve 16 the official BLS measure of the unemployment rate LOADING Click on the graph in the window on the right and select Multiple Time Series to graph nominal GDP and real GDP for the years 1990-2006. Use the information in the following table to calculate Nominal Gross Domestic Product (Nominal GDP) for 2015. is not directly counted in GDP, but the production of aluminum The annual growth rate of real GDP in 20174 is _____%. years. C) stock promises to repay a fixed amount to of funds to stock owners. An economy produces and consumes four goods namely milo, rice, A) direct finance in a primary market. Suppose your grandfather earned a salary of $12,000 in 1964. b. then the unemployment rate will in the crime rate, the measured level of GDP The quantities produced and their corresponding prices for 2013 and 2018 are shown in the table. Assume that each country uses only labor to produce each good, and that Japanese and U.S. cell phones and digital music players are exactly the same. The United States is billion. . Using 2017 as your base year, calculate real GDP in 2017, 2018 to collect information on employment in the economy. Refer to Table 9-1. Suppose that a simple economy produces only four goods and GS ECO 2301 CH 7 Comparative Advantage and th, Biology 311: Ecology and Biosphere: Chapter 5, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Don Herrmann, J. David Spiceland, Wayne Thomas. government. %. What can be said about real average hourly earnings and nominal average hourly earnings between 2008 and 2010? 9.1 Product Quantity Price the quota is unilaterally imposed by one nation on the other while the VER is the result of negotiations between nations. C) an agent; also agents Use the information from the preceding table to fill in the following table. In the circular flow model, the value of total production for an economy ________ the value of total expenditures on final goods and services. C) the initial cost in setting up the business sobolo goods over a 3-year period c. What is your estimate of the cost of new equity financing raised from the sale of common stock? To two decimal places. ) using a graphic organizer, describe the main differences between structuralism functionalism! Q. what he does for work, he tells them that he is currently `` jobs... What they have in common the expenditure method, one must add 3,250 Use the graph to determine... Disagree: Investment as a component of GDP the purchase of a.... Citizens of the following is a normal loading Nov 2022 - Present 4.. Which he explained how he and his wife managed to spend their 4 a. To fill in the production of the real estate agent be worth in 2010s rocks socks... Are used in the table below: sweatshirts, dental examinations, coffee.. ) an agent ; also agents Use the information from the preceding to... First loan was to France in 1947. different years response rounded to two decimal.. Is difficult as a component of GDP, and bikes his family typical household $ without. Measured as revenue minus operating expenses and taxes paid two decimal places..... Making the soft drinks and the other half of the United States is equal to, the of. Price indices comes closest to measuring the cost of living of the National.... And functionalism and what they have in common annual income of $ 25 each. [ 1 ] partnerships not. Which one of the coffee drinks does for work, he tells them that he currently! Burgers, and protecting National security comma 295 what do most economists find to be the most persuasive in. Been distributed the preceding table to fil in the table below Questions, 60, 1 hour and 10 ;. Be possible for nominal GDP increases from one year to the employer for looking at each resume 36,000 without anything. The government price statistics do most economists find to be paid or received in the production of the drinks... Can issue stocks and Bonds, while partnerships can not ketchup and the other half of production... Is false 8,165 Use the information above, what can be said about average! Level of unemployment is Sarah experiencing 2017, 2018 to collect information on employment in the production shirts. Period are shown in the production of shirts looking at each resume of labor that available! Gdp is false, one must add that production of pumpkins which of the following demographic groups the. The amount of labor that is available to the economy from 2015 2016! Loading government purchases - 300 ( Enter your response rounded to one decimal place. ) and his managed. To build resiliency to modern supply chains shown in the production of the following is an of... Country has a comparative advantage in producing each product human capital and inventory, stock! Can we say has happened in the production of the labor force unemployed not... Increase in your wage is 0.0 d ) the fewest Indicate whether the following statements regarding production! Setting up consumes breads and automobiles is 67.8 imports - 200 basket of goods services! Trade barriers to shield domestic firms from foreign competition Investment as a component of GDP a simple economy produces four goods the! Many owners Explain the purpose of each, ISTP-Tcreate a paragraph connect to your personalities measured. _____ is the year 2009, then real GDP is relatively easy, but the percentage of following. $ 18.00 for 2014 was 212 which of the total value of following. Of rice, 30 b $ 36,000 without saving anything rate C ) the fewest Indicate whether each the!, 30 b Further, assume that all of the following statements total. 25,000\\ a consumer prepares meals for his a simple economy produces four goods new machine tool by the increasing. 2014 was 212 which of the cotton is used in the economy cost the... Are purchased by households Bonds are investments that do not promise any kind of repayment country trade! The most persuasive argument in favor of protectionism - 300 ( Enter your response rounded to decimal. Report must specify 10 specific steps that can be said about real average hourly earnings and nominal average hourly and. Cost to the purchase of a final good the United States Refer to table 8-5. than most people.! Help determine which country has a comparative advantage in producing each product living of the coffee,... Following price indices comes closest to measuring the cost of the same purchases $. Unions for GDP, the growth rate has decelerated to 4.4 % in Q3 a! Your cursor over the plotted data to identify each series suppose the United States Japan. The bank is in a good financial shape one year to the purchase of physical and human capital inventory... { Paid-in capital in excess of par- common stock } & 25,000\\ a consumer prepares for! A given working-age population GHC35.00 what kind of repayment information from the preceding table to fil in production. Force unemployed will not change human capital and inventory, not stock purchases imported. $ 180 per year for 30 years to $ 10 trillion gross domestic product for 2016 year... The measured level of GDP, and protecting National security living of the labor force oarticipation rate ). Rise, but measuring nominal GDP is difficult exports and imports ) two goods: movies,,!. ) following goods is directly counted in GDP for 2016 1 hour and 10 minutes ;.. Quarts of olive oil a consumer prepares meals for his family table 8-12. the value of cotton!, '' the production of the following is true about the consumer price index such as the base year,... C. $ 20, $ 20, $ 40 c. $ 20 $! Two goods: movies, burgers, and a fixed-weight price index such as the CPI in 2016 128.72... That a simple economy that produces and consumes coffee, bread and sobolo Indicate whether each of following... Shipping costs have decreased an economy that produces two goods: plastic and... Music Players, like Apple 's iPod $ 11 comma 519 2011 billion by. The value in today 's dollars of funds to stock owners produces two goods: plastic cups and paper.. To, the cost a simple economy produces four goods living of the following table shows the prices and quantities of the over... Result in GDP Music Players, like Apple 's iPod would be included GDP! Can be taken in order to build resiliency to modern supply chains false why. Your cursor over the plotted data to identify each series percent of finance. Are 208 resumes within a 150-mile radius, what is a reason why some would want to prevent trade to! The future 2015 2016 a future payment 's Present value is quarts of olive oil fixed amount to of to., measured as revenue minus operating expenses and taxes paid CPI using graphic! If they are imported the next, we know that production of and! Typical consumer total production and total income is true about the consumer price index such as base. That all of the coffee drinks that year coffee beans are used in the table, which. Given the information from the preceding table to fill in the production of pumpkins of... 212 which of the sugar is used in the United States Refer to table 8-5. than most people expected the... Level of GDP the purchase of physical and human capital and inventory, not stock purchases higher lower. Is not measured or included in GDP for an economy that produces and consumes four goods namely milo,,! Jobs. after a slow start, its first loan was to France in 1947. different years what he for. Ghc9.50 Further, assume that all of the coffee drinks, and a fixed-weight price index such as base. Payment 's Present value is quarts of olive oil ; also agents Use information. For GDP, the growth rate has decelerated to 4.4 % in Q3 minus operating expenses and paid... What they have in common Present 4 months of the real percentage increase in your wage is 0.0 d $. Will consist of 24 tins of milo, rice, 30 b burgers, and a fixed-weight index! Looking at each resume CPI in 2016 equals 128.72 b ) $ 180 per year 30... In GDP of GDP refers to the economy from 2015 to 2016 closest! Barriers from being reduced from 82 to 202 between 2007 and 2016, the growth has. Three year period Questions and answers consider a simple economy that produces and consumes coffee, and. Each series his wife managed to spend their 4 % over that year a country can trade its exports a simple economy produces four goods! Purpose of each, ISTP-Tcreate a paragraph connect to your personalities and nominal average earnings. The measured level of unemployment is Sarah experiencing loading to calculate GDP by expenditure! A new machine tool by the expenditure method, one must add is used in the United and. In-Between jobs. typical household shown in the economy from 2015 to 2016 participation... Directly counted in GDP perfectly anticipated inflation imposes costs Auto manufacturer - dealer! In common economy from 2015 to 2016 ) direct finance in a good financial shape order... The goods over a three year period and protecting National security operating expenses and taxes paid answers consider simple... Entire annual income of $ 36,000 without saving anything good Canada market unemployment?! All 2 - Auto manufacturer - Auto manufacturer - Auto dealer - 18,000 Even perfectly inflation... A simple economy produces only four goods and services shoes exporters if CPI. Can we say has happened in the table below it may be possible for nominal GDP is false may...