1. CalculatingEconomicGrowth

Definition:

Formula:

2. NominalvReal

NominalGDP:

RealGDP:

3. FindingRealGDPperCapita:

Canadianpopulation:

NominalGDP:

GDPDeflator:

RealGDP:

RealGDPperCapita:

4. PotentialGDP

Definition:

ChangingpotentialGDPcreates

5. HowtoIncreasePotential GDP:

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6. IncreasingtheQuantityandQualityofLabour

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-Doesn't alwaysguaranteegrowthbecause

-Accordingto

-Theory:

-Solution:

-Caused economicstogetthename:

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Refences:

https://www.youtube.com/watch?v=j_V0X97ZZ1E

https://www.youtube.com/watch?v=TEtHa7M_WDs

https://www.youtube.com/watch?v=1ryqglMNfGE

https://www.youtube.com/watch?v=iiXUnu9vEaY

https://www.npr.org/2017/06/22/533909736/is-it-realist-trump-budget-relies-on-3-percent-economic-growth

https://www.youtube.com/watch?v=ZCP2SYG_YeE