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If Real GDP Per Capita Measured in 2009 Dollars Was

question 90

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If real GDP per capita measured in 2009 dollars was $6,000 in 1950 and $48,000 in 2013,we would say that in the year 2013,the average American could buy ________ times as many goods and services as the average American in 1950.


Definitions:

Social Identity Theory

A theory proposing that individuals derive part of their self-concept and esteem from their membership in social groups, influencing intergroup behavior.

Categorization

The process of identifying, naming, and sorting objects or ideas into groups or categories based on shared characteristics or attributes.

Identification

The process by which individuals perceive themselves as belonging to a particular group, enhancing their sense of identity.

Communal Orientation

A perspective or approach in social psychology that emphasizes the importance of community and collective well-being over individual interests.

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