Compared to the Previous 20 Years, Productivity Growth in Canada

question 179

True/False

Compared to the previous 20 years, productivity growth in Canada increased between 1995 and 2011.

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Definitions:

Savings

Money set aside for future use rather than spent immediately.

Savings

The portion of income not spent on current consumption or taxes, instead set aside for future use or investment.

Disposable Income

The money households have for spending and saving after subtracting income taxes.

Disposable Income

The amount of income left for spending or saving after taxes have been paid.