In 2016, Northland had real GDP of $4.21 billion and a population of 2.98 million.In 2017, real GDP was $4.59 billion and population was 2.97 million.Between 2016 and 2017, Northland's standard of living

Question

Quizplus · Accepted Answer

Real GDP increased from $4.21 billion to $4.59 billion, indicating growth in the economy. As population remained relatively stable, this growth in GDP implies an increase in standard of living for the residents of Northland.

In 2016, Northland Had Real GDP of $4