The Purpose of This Problem Is to Make You Acquainted

Essay

The purpose of this problem is to make you acquainted with Statistics Canada's website. Open http://www.statcan.gc.ca/start-debut-eng.html and look for "Real gross domestic product, expenditure-based, by province and territory." Answer the following questions based on this table.
a) Which three provinces had the greatest real GDP per capita in 2017?
b) Calculate the shares of each of these provinces in Canada's real GDP in 2017.
c) Now, look for another table "Inter-city indexes of price differentials in consumer goods and services." In which city was the consumer price index the highest in both of the years 2017 and 2018? Can you think of an explanation for that?