Which of the following best describes the evolution of the Canadian economy over the past decades?
A) Real GDP grew on average about 3 percent per year from 1970 to 2012.
B) Real GDP was approximately constant over the past decades.
C) The growth of real GDP has been steady over time.
D) There were no recessions over the period 1970 to 2012.
Correct Answer:
Verified
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