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Provide either one example of how inflation has personally benefited you, 1 point or one example of how inflation has negatively affected you. Your answer

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Provide either one example of how inflation has personally benefited you, 1 point or one example of how inflation has negatively affected you. Your answer The nominal GDP in Tokyo is $967 billion while in London it is $731 billion. 2 points The per capita real GDP in Tokyo is $50,817 while in London it is $76,146. Explain two reasons why Tokyo's nominal GDP could be higher than London's, despite having a smaller per capita real GDP: Your answer Imagine that Canada's unemployment rate is currently 4.8%. While this 2 points statistic looks quite favourable, your friend Gianna has warned you that the unemployment rate can be deceiving. Provide 2 reasons as to why the unemployment rate may not be as favourable as it looks. Your

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