The table below provides data on Canada's real GDP per person,average labour productivity,and share of population employed in 1960 and 2000.Use this information for the following questions.(Assume that between 1960 and 2000 there are 40 years) .
-Canada's real GDP per person in 1960,which shows the quantity of goods and services each person can consume in 1960,depends on the quantity of goods and services each worker can __________ in 1960,and the number of people (as a proportion of the total population) __________ in 1960.
Definitions:
Accumulated Other Comprehensive Income
The cumulative effect of other comprehensive income items, which is reported separately in the “Stockholders’ equity” section of the balance sheet.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership interest of shareholders.
Income Statement
A financial statement that shows a company's revenues and expenses over a specified period of time, leading to the net profit or loss for that period.
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.
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