$\text { Table } 17.1$ Refer to Table 17

question 94

Multiple Choice

$\begin{array}{lll}\text { Year}& \text { Real GDP }& \text { Population }\\\hline1 & \$ 575 \text { billion } & 22 \text { million } \\2 & \$ 580 \text { billion } & 24 \text { million } \\3 & \$ 605 \text { billion } & 25 \text { million } \\4 & \$ 606 \text { billion } & 27 \text { million }\end{array}$
$\text { Table } 17.1$ Refer to Table 17.1.GDP per capita was the

• A)Smallest in year 2.
• B)Smallest in year 3.
• C)Smallest in year 4.
• D)Same each year.

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Definitions:

Paperback Novels

Books printed on lower quality paper, bound in a soft cover, and typically less expensive than hardcover editions.

Good X

A placeholder term used to represent any market commodity or product for the sake of economic analysis or discussion.

Income

Total earnings derived from labor, investments, and any other source, typically discussed in the context of individuals or households.

Income

Funds accrued regularly from work performed or assets invested.