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?
Correct Answer:
Verified
b) 0.377...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q180: Economists generally believe that outward-oriented policies are
Q181: Technological innovations, by increasing productivity in manufacturing,
Q182: Suppose an economy uses only two inputs
Q183: Some civil society groups and activists propose
Q184: The real GDP per capita in an
Q185: Read the article "Are jobs obsolete?" by
Q186: Read the article "What Makes a Nation
Q187: The article "Are jobs obsolete?" by Douglas
Q189: The following is a comment to the
Q190: For background, read the article "Fruit pickers:
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents