The graph below shows real GDP per capita in Canada from 1870 to 2014. a. Explain the meaning of real GDP per capita to
Posted: Sun Jun 05, 2022 11:18 am
The graph below shows real GDP per capita in Canada from 1870 to
2014. a. Explain the meaning of real GDP per capita to your friend
who is not in this class. (5 marks) b. Explain why looking at real
GDP per capita is more appropriate than looking at nominal GDP per
capita over time, to track the wellbeing of a country’s residents.
(5 marks)
2014. a. Explain the meaning of real GDP per capita to your friend
who is not in this class. (5 marks) b. Explain why looking at real
GDP per capita is more appropriate than looking at nominal GDP per
capita over time, to track the wellbeing of a country’s residents.
(5 marks)