Sean is watching a news report with his father. The news anchor points out that a certain Caribbean nation generates a GDP per person of only 6000 Canadian dollars a year. Because Sean's father knows that GDP in Canada is approximately 60,000 Canadian dollars per person, he says that Canadians are materially 10 times better off than the citizens of the Caribbean nation.

Is the father's statement correct? If no, explain why.

Thank you so much!!