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38. If GDP is going up, the nation is experiencing inflation. growth. an increase in demand. a recession. it is not possible to tell given the information provided.
Difficulty: 1 QuestionID: 02-1-38 Page-Reference: 28 Skill: Knowledge Objective: 2.2 Answer: growth. 39. Canada's GDP per capita (in $US) is approximately $15 000. $31 000. $42 000. $50 000. $66 000.
Difficulty: 2 QuestionID: 02-1-39 Page-Reference: 28 Skill: Knowledge Objective: 2.2 Answer: $50 000. 40. Purchasing power parity gives us a good idea of what people are buying outside their own country while on vacation or while doing international business. what people can actually buy with the financial resources allocated to them by their economic system. what people would like to buy with the financial resources in their economic system. purchasing trends across the globe. average annual income.
Difficulty: 2 QuestionID: 02-1-40 Page-Reference: 29 Skill: Comprehension Objective: 2.2 Answer: what people can actually buy with the financial resources allocated to them by their economic system.
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