Multiple Choice
Why might the slower GDP growth from 1995 to 2014 experienced by Canadians not mean standards of living are rising more slowly than in the past?
A) Increases in the welfare payments have increased.
B) The benefits of many technological improvements aren't captured by GDP.
C) Falling oil prices mean gasoline is cheaper.
D) The falling environmental standards of the period meant Canadians traded a clean environment for GDP.
E) Fewer Canadians participated in the labour force during that period than in previous periods.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: One reason why many low-income countries experience
Q101: Table 7.6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Table 7.6
Q102: Figure 7.3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 7.3
Q103: Figure 7.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 7.1
Q104: Which of the following accurately describes growth
Q106: Which of the following is not a
Q107: All of the following policies are ways
Q108: An economy can improve its standard of
Q109: Which of the following is an example
Q220: Explain how advances in technology are critical