Economic well-being in Canada is understated by growth rates because they:

Name: Economic well-being in Canada is understated by growth rates because they:
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Question

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Growth rates only measure economic activity and don't take into account the benefits of increased leisure time for workers. As Canadians are working fewer hours than before, this added leisure time contributes to a higher level of economic well-being than is represented by growth rates.

Economic Well-Being in Canada Is Understated by Growth Rates Because