In Figure 1.7, the unemployment rate in Canada did not change much from 2014 to 2016, but

Question:

In Figure 1.7, the unemployment rate in Canada did not change much from 2014 to 2016, but the U.S. unemployment rate continued to fall. Why do you think this happened?

Figure 1.7:

10 9. United States Canada 4 2008 2009 2010 2011 2012 2013 2014 2015 2016 Year Unemployment Rate in Percent

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Macroeconomics

ISBN: 978-0133847147

5th Canadian edition

Authors: Stephen d. Williamson

See More Books

Question Posted: Feb 16, 2019 06:11 AM

See More Questions

The accompanying table provides data on the size of the labour force and the number of unemployed workers for the provinces and territories of Canada. a. Calculate the number of workers employed in...
In each of the following cases, explain whether the policymakers response to a beneficial supply shock was accommodating, extinguishing, or neutral. (a) The inflation rate fell, but the unemployment...
The accompanying scatter diagram shows the relationship between the unemployment rate and the output gap in Canada from 1996 to 2016. Draw a straight line through the scatter of dots in the figure....
Mrs Anh Thuy is a 43 year old lady admitted following an incidence of blurred vision, numbness down the right side and a sharp pain in her head. A neighbour found her on the ground unable to move or...
Financial statement data for years ending December 31 for Davenport Company follows: _________________________2016 _____________2015 Sales ......................... $1,668,000 .................
Complete the squares to identify the conic sections. Find their foci, vertices, centers, and asymptotes (as appropriate). If the curve is a parabola, find its directrix as well. x 2 - 4x - 4y 2 = 0
Margaret contracted to buy a particular model Rolls-Royce from Paragon Motors, Inc. Only one hundred of these models are built each year. She paid a $30,000 deposit on the car, but Paragon sold the...
What is unique about Costcos channel management process? What components can other retailers borrow or implement?
Organizational Behavior Mind Map: Create a mind map showing, in your opinion, the main challenges and organizational concerns that affect the issue of Business Ethics nowadays. The intention is for...
Jimmy owns a garden in which he has planted N trees in a row. After a few years, the trees have grown up and now they have different heights. Jimmy pays much attention to the aesthetics of his...
Why do you think the government surplus fell during the recession of 2008-2009? (See Figure 1.6.) Figure 1.6: 4 -2 -6 -8 -10 -12 1960 1980 1990 2000 2010 2020 1970 Year Government Surplus, % of GDP 2.
Is there anything you observe in Figure 1.9 that would make you think that increases (decreases) in inflation cause increases (decreases) in the nominal interest rate, as opposed to increases...
The faculty of a college consists of 820 members. A new president has just been appointed. The president wants to get an idea of what the faculty considers the most important issues currently facing...
In a scatter diagram, the independent variable is plotted on the a. vertical axis. b. trend line. c. horizontal axis. d. origin of the axis.
What are the strengths of using decision trees?
Explain the limitation in the use of graphical solution for an LP problem. What are its advantages, even when its specific application is not suitable?
What is the problem of using survey results?
A trend equation is a regression equation in which a. there are multiple independent variables. b. the intercept and the slope are the same. c. the dependent variable is time. d. the independent...
Assume large-company stocks returned 11.8 percent on average over the past 75 years. The risk premium on these stocks was 7.9 percent and the inflation rate was 3.2 percent. What was the average...
According to a recent survey, 40% of millennials (those born in the 1980s or 1990s) view themselves more as spenders than savers. The survey also reveals that 75% of millennials view social...
In Figure, there were three periods prior to 20062012 when the relative price of housing declined. Determine the approximate magnitudes of the relative housing price decline in these earlier periods...
Assume an economy where there are two producers: a wheat producer and a bread producer. In a given year, the wheat producer grows 30 million bushels of wheat of which 25 million bushels are sold to...
Assume an economy with a coal producer, a steel producer, and some consumers (there is no government). In a given year, the coal producer produces 15 million tons of coal and sells it for $5 per ton....
Required: a. Prepare a cost of goods manufactured and sold statement. b. Prepare an income statement. Answer is not complete. Complete this question by entering your answers in the tabs below. COGM...
Syarikat Jaya uses normal costing for its costing system whereby the calculation of predetermined overhead rate based on direct labours costs. On 1st December 2022, the general ledger consists of the...
Ron owns 6 % of USAco, a U . S . corporation. Ron is a nonresident alien. USAco pays Ron a $ 1 , 2 0 0 dividend during the current year. Ron also purchases an unassignable bond issued by USAco, and...

In Figure 1.7, the unemployment rate in Canada did not change much from 2014 to 2016, but

Question:

10 9. United States Canada 4 2008 2009 2010 2011 2012 2013 2014 2015 2016 Year Unemployment Rate in Percent

Step by Step Answer:

This may have been due to the fact that Canada is more dependent on natural resources for example oil and gas production than is the United States and world oil prices fell significantly beginning in mid2014 depressing natural resource ...View the full answer

Macroeconomics

Students also viewed these Business questions