Author Question: The table below shows the approximate value of Canada's crude oil and natural gas exports over a ... (Read 28 times)

sh03641 · **on:** Oct 12, 2022

Question 1

Suppose an economist tells you that the unemployment rate in Canada last year was 7.8%. This is an example of a(n) ________ statement.
◦ imputed
◦ induced
◦ normative
◦ autonomous
◦ positive

Question 2

The table below shows the approximate value of Canada's crude oil and natural gas exports over a 5-year period. The amounts shown are billions of dollars.

	Crude Oil	Natural Gas
2018	81.9	11.2
2019	91.5	15.7
2020	55.8	9.8
2021	49.9	8.8
2022	66.9	10.3

TABLE 2-7

Refer to Table 2-7. Assume that 2018 is the base year, with an index number = 100. What is the index number for the value of natural gas exports in 2021?
◦ 0.786
◦ 0.109
◦ 108.7
◦ 108.7%
◦ 78.6

Asfa · **Reply #1 on:** Oct 12, 2022

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