Question
Canada's real GDP in November 2020was $1,934,643,000 and $1,990.238,000 in November 2019. Canada's population was 37,593,384 in 2019 and 38,005238 in 2020. Complete the questions
Canada's real GDP in November 2020was $1,934,643,000 and $1,990.238,000 in November 2019. Canada's population was 37,593,384 in 2019 and 38,005238 in 2020. Complete the questions below, fully showing your calculations.
1.What is the growth rate of real GDP from November 2019 to November 2020?
2.What is the growth rate of real GDP per person?
3.Explain what is happening to the Standard of Living in Canada from November 2019 to November 2020?
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Global Business Today
Authors: Charles W. L. Hill Dr, G. Tomas M. Hult
10th edition
1259686698, 978-1259686696
