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3.3 Exercises

Read the articles and answer the questions.

Exercise 1: Canada’s economic future

Read Livio Di Matteo, “Canada’s economic future is looking grim—especially when compared to the U.S.,” The Hub, 2024.

  1. How has the gap in real GDP per capita between Canada and the US changed over the past 100 years?
  2. How has the gap in real GDP and population between the two countries changed?
  3. What are the reasons leading to the increasing gap in real GDP per capita between the two countries? Which determinants of productivity are discussed in the article?
  4. What policies has the Canadian government suggested to improve the country’s economic outlook? (Advanced)

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ECON 104 Copyright © 2024 by Lijun Zhang is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted.

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