Between 1980 and 2005, real GDP per person grew, on average, 1.7% per year in Canada. Did

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Between 1980 and 2005, real GDP per person grew, on average, 1.7% per year in Canada. Did this GDP growth benefit all Canadians? What does this tell us about the limitations of GDP as a measure of living standards?

Learning Objective 9.4 Distinguish between real changes in quantities, and the effects of changing prices.

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Principles Of Macroeconomics

ISBN: 9781982166649

1st Canadian Edition

Authors: Betsey Stevenson, Justin Wolfers, Philip Oreopoulos, Kevin Milligan

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