_____ Had the Highest Level of Per Capita Real Output

question 8

Multiple Choice

_____ had the highest level of per capita real output in 2012.

• A)Canada
• B)The United States
• C)Italy
• D)France
• E)Germany

---

Definitions:

Price Increase

A rise in the cost of goods or services.

Quantity Demanded

The total amount of goods or services that consumers are willing and able to purchase at a given price level.

Relatively Inelastic

A situation where the demand for a product does not change significantly with a change in the price.

GSU

An acronym that can refer to Georgia State University or other entities, depending on the context.