Between 1926 and 2014, the average growth rate of real GDP per person in Canada was ________ percent a year. During this period, ________ grew at a faster rate than the population.

Question

Quizplus · Accepted Answer

The question is asking for the average growth rate of real GDP per person in Canada between 1926 and 2014 and which variable grew at a faster rate than the population. The options A, C, and E are incorrect because they do not match with the given information. Option D is also incorrect because it suggests that real GDP grew faster than the population, but the question is asking specifically about real GDP per person, not overall real GDP. Therefore, the correct answer is B, which states that real GDP per person grew at an average rate of 2.0% per year between 1926 and 2014, and this growth rate was faster than the population.

Between 1926 and 2014, the Average Growth Rate of Real