Use the data on U.S.real GDP below to compute real GDP per person for each year.Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005.
Definitions:
Early Payment
A payment made before its due date, which can sometimes qualify the payer for discounts or improved credit terms.
Invoice
A document issued by a seller to a buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided.
Sales Revenue
The total amount of money generated from the sale of goods or services before any expenses are deducted.
Merchandising Company
A business that purchases goods in a finished condition for the purpose of resale without further manufacturing.
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