In 1959, Real GDP Totaled $575 Billion and in 2009

question 115

Multiple Choice

In 1959, real GDP totaled $575 billion and in 2009 it totaled $1,255 billion. Between 1959 and 2009, the population increased from 50 million to 100 million. Between 1959 and 2009, the standard of living based on real GDP per person

• A) increased from $11,500 to $12,550.
• B) increased by over 300 percent.
• C) increased by about 118 percent.
• D) decreased from $125,500 to $28,750.
• E) decreased by 9 percent.

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Definitions:

Cell

The basic structural, functional, and biological unit of all living organisms, or a device that converts chemical energy into electrical energy in a battery.

Specific Gravity

A dimensionless number that describes the ratio of the density of a substance to the density of a reference substance, typically water at 4 °C.

Acid

A chemical substance that donates protons or accepts electrons and has a sour taste.

Water

A ubiquitous chemical substance with the formula H2O, essential for all known forms of life and used as a solvent among its numerous roles.