Question
-Define Real GDP ? How is it different than Nominal GDP ? What is a better measure in your opinion ? Why ? -What is
-Define Real GDP ? How is it different than Nominal GDP ? What is a better measure in your opinion ? Why ?
-What is the worst performing year for the Canadian economy between 2005 - 2014 ? ( Explain with details )
-Provide the Top 20 country ranking in real GDP ( year 2020 or 2021 )
-What is Canada's ranking ?
-Provide a breakdown of the Canadian GDP by main industry (sector ) - How do you think knowing some details on the latter can help you on a personal level ?
-How does the USA GDP Compare in size to ours ( 2020 or 2021) ? Provide a breakdown of their GDP by main industry (sector)
-What do you think are -in your opinion- the missed opportunities for GDP growth in Canada ?
-Give examples (2-3) of possible underground economic activity in Canada .
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