Which of the Following Best Describes the Evolution of Canadian

question 160

Multiple Choice

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

• A)Real GDP in 2006 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 2006.
• C)Real GDP was approximately constant over the past decades, only prices have increased.
• D)Continued growth in real GDP has allowed an improvement in Canadians' standard of living.

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