In 1961, Real GDP Totaled $575 Billion and in 2011

question 33

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)decreased from $125,500 to $28,750.
• C)increased by about 118 percent.
• D)decreased by 9 percent.
• E)increased by over 300 percent.

---

Definitions:

Cocktail Party Effect

The ability of individuals to focus on a single conversation in a noisy environment, ignoring other conversations.

Dichotic Listening Phenomenon

a cognitive experiment where two different auditory stimuli are presented to each ear simultaneously, used to study selective attention and the brain’s processing of information.

Dichotic Listening Task

A psychological test used to investigate selective attention and the processing of different information presented to each ear simultaneously.

Kahneman's Capacity Model

A cognitive theory proposed by Daniel Kahneman that outlines the limited capacity of the human brain to engage in multiple tasks, emphasizing the allocation of cognitive resources between competing demands.