If the Real U

question 138

Multiple Choice

If the real U.S.GDP was $10 trillion in 2000 and the U.S.population was 280 million,the per capita real GDP would have been closest to

• A)$2,800 per person.
• B)$28,000 per person.
• C)$35,714 per person.
• D)$5,000 per person.

---

Definitions:

Estimate Cost

The process of forecasting the financial expenditure required to complete a project or produce a good.

Selection Phase

The stage in a project or procurement process where options are evaluated and choices are made regarding resources, suppliers, or methods.

Detailed Estimates

Comprehensive predictions of the expected costs, resources, or time needed to complete a project component or task.

Slower

Moving or operating at a reduced speed or pace compared to normal or expected.