What is the GDP growth rate? What is GDP per capita growth rate? What is the productivity growth rate?

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Q: Canadian real GDP unexpectedly accelerated to a 4.5 percent pace in the second quarter of 2017.…

A: In the second quarter of 2017, Canada's real GDP unexpectedly increased to 4.5 percent. This was the…

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A: There are two states fire and no fire with probability .05 and 0.95 respectively.

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Q: Thanks to worldwide urbanization, preindustrial cities no longer exist. T or F?

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A: Long-run monopoly adjustments are of two types:   1. Single plant and   2. Multi-plant adjustments

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A: In order to maximize profit under a monopoly, the marginal revenue should be equal to marginal cost…