Because of the productivity slowdown in Canada from the mid-1970s through 2014,
A)real GDP per capita grew more rapidly.
B)real GDP per capita grew more slowly.
C)the standard of living did not change.
D)the standard of living increased in Canada.
E)the value of the Canadian dollar rose.

Question

Quizplus · Accepted Answer

A productivity slowdown typically leads to slower economic growth, which in turn results in slower growth of real GDP per capita. Therefore, the best choice is B where real GDP per capita grew more slowly.

Because of the Productivity Slowdown in Canada from the Mid-1970s