Which Statement Best Describes the Evolution of the Canadian Economy

question 84

Multiple Choice

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

• A) Real GDP in 2014 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 2014.
• 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:

Geologic Timescale

A chronological dating system used by geologists and other scientists to describe the timing and relationships of events in Earth's history.

Geologic Timescale

A system of chronological dating that classifies geological strata in time, used by geologists, paleontologists, and other Earth scientists to describe the timing and relationships of events in geologic history.

Unconformity

A surface within rock layers that represents a period of erosion or non-deposition, indicating a break in the geological record.

Index Species

Species that indicate the presence of particular environmental conditions, used by scientists to assess the health of ecosystems.