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If Real GDP Per Capita Measured in 2009 Dollars Was

Question 40

Multiple Choice

If real GDP per capita measured in 2009 dollars was $6,000 in 1950 and $48,000 in 2018,we would say that in 2018,the average American could buy ________ times as many goods and services as the average American in 1950.


A) 1/8
B) 4
C) 8
D) 12

Correct Answer:

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