Final answer:
The three economic measures for comparing the economies of China and Canada are GDP, employment rate, and inflation rate. GDP measures the total value of goods and services produced, employment rate reflects the percentage of the working-age population employed, and inflation rate measures changes in prices over time.
Step-by-step explanation:
The three economic measures for comparing the economies of China and Canada are GDP, employment rate, and inflation rate. GDP, or Gross Domestic Product, measures the total value of all goods and services produced within a country in a specific time period. It is an indicator of a country's economic performance and can be compared between countries to assess their relative economic health.
The employment rate refers to the percentage of the working-age population that is employed. It indicates the level of job availability and is a measure of the labor market's strength. A higher employment rate generally signifies a healthier economy.
The inflation rate, also known as the consumer price index (CPI), measures the average change in prices of goods and services over time. It reflects the rate at which prices are rising and can affect the purchasing power of consumers.