Which Statement Best Describes the Evolution of the Canadian Economy

question 101

Multiple Choice

Which statement best describes the evolution of the Canadian economy over the past decades?

• A) Real GDP in 2018 was less than three times its level in 1970.
• B) The output of goods and services grew on average about 1 percent per year from 1970 to 2018.
• C) Real GDP was approximately constant over the past decades, only prices have increased.
• D) Growth in real GDP has allowed an improvement in Canadians' standard of living.

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Definitions:

Alcohol Use

Alcohol use refers to the consumption of beverages that contain ethyl alcohol, which can range from moderate drinking to sustaining alcohol dependency or abuse.

Condoms

Barrier devices used during sexual activity to reduce the risk of sexually transmitted infections and prevent pregnancy.

Dental Dams

Thin, square pieces of latex or silicone used to prevent the spread of infections during oral surgeries or oral sex.

Sexually Transmitted Infection

Diseases spread via sexual intercourse, resulting from bacteria, viruses, or parasites.