When there is a boom, the stock market is in a good shape overall.

Suppose stock prices start falling. Then we can predict that in the near future there will be a  .

Suppose the average workweeks start becoming longer. Then we can predict that in the near future there will be a  .

There is a rise in purchasing intentions by the households.

This event will result in:

In 2008-2009 there was a major recession due to the housing market crash in the US. As a result, we can predict that most likely corporate profits increased.

There is a significant fall in the interest rate.

This event will result in:

Suppose the it becomes much easier for the people to move from one industry to another.

This event will:

If you have one carrot, and then you find half a carrot, you will have carrots.

Hint: this isn't a trick question! It's meant to warm you up for the next ones.

Now, instead of carrot, suppose you have P_2 Treat it in exactly the same way as you would treat a carrot!

P_2 + 0.95P_2 = P_2

Enter a number in the box.

Looking at the above table, what might explain the difference in proportion of consumer's budgets (the relative weights) for shelter in Quebec and Ontario?

Hint: notice that the table shows relative values (in percentages).