Solved

In 1961,real GDP Totaled $575 Billion and in 2011 It

Question 30

Multiple Choice

In 1961,real GDP totaled $575 billion and in 2011 it totaled $1,255 billion.Between 1961 and 2011,the population increased from 50 million to 100 million.Between 1961 and 2011,the standard of living based on real GDP per person


A) increased from $11,500 to $12,550.
B) increased by over 300 percent.
C) increased by about 118 percent.
D) decreased from $125,500 to $28,750.
E) decreased by 9 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions