The Purpose of This Problem Is to Make You Acquainted

question 16

Essay

The purpose of this problem is to make you acquainted with Statistics Canada's web site. Open _{HYPERLINK "http://www.statcan.gc.ca/start-debut-eng.html"} http://www.statcan.gc.ca/start-debut-eng.html and look for Economic Account, then open the link "Gross Domestic Product" page. Open "Summary Tables," then open the table "Real Gross Domestic Product, Expenditure-Based, by Province and Territory." Answer the following questions based on this table.
a.Which three provinces had the greatest real GDP per capita in 2008?
b.Calculate the shares of each of these provinces in Canada's real GDP in 2008.
c.Now, look for another table (you can use the "Search" function), "Consumer price index, historical summary, by province or territory." In which province was the consumer price index the highest in each of the years 2006 to 2009? Can you think of an explanation for that?

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Definitions:

Points of Difference

Unique features or benefits of a product, brand, or service that set it apart from its competitors in the eyes of the consumer.

Chobani Yogurt

A brand of Greek yogurt known for its high protein content, natural ingredients, and wide range of flavors, representing a prominent player in the yogurt market.

Preservative-Free

Describes products, especially food and beverages, that do not contain artificial preservatives to extend their shelf life.

Provision of Credit Cards

The process or service offered by financial institutions that involves issuing credit cards to consumers, enabling them to purchase goods and services on credit.