The Gains in Canada's Real Gdp Per Person Between 1960

Question 57
Multiple Choice

The gains in Canada's real GDP per person between 1960 and 2000 associated with increases in the share of the population with paid jobs must be considered temporary because it was the result of an unusual influx of women and young people (baby boomers)into the labour market.If women's participation rate has nearly peaked,as the baby boomers begin and continue to retire over the next two to three decades,the share of people in paid jobs will tend to ___________.This means that the key permanent source for improving Canada's living standards will most likely be growth in _________________. A) decrease;average labour productivity B) decrease;average capital productivity C) decrease;average land productivity D) decrease;average total productivity E) decrease;average machine productivity