Which of the Following Best Describes the Evolution of Canadian

Multiple Choice

Which of the following best describes the evolution of Canadian economy over the past decades?

A) Real GDP in 2006 was less than three times its level in 1970.
B) The output of goods and services grew on average about 1 percent per year from 1970 to 2006.
C) Real GDP was approximately constant over the past decades, only prices have increased.
D) Continued growth in real GDP has allowed an improvement in Canadians' standard of living.