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GDP in the United States Was $5,803 Billion in 1994

question 149

True/False

GDP in the United States was $5,803 billion in 1994 and $11,734 billion in 2008, so we can conclude that aggregate output roughly doubled over the 14-year period in the United States.


Definitions:

Active Listening

involves fully concentrating, understanding, responding, and remembering what is being said in a conversation.

Understood

Generally recognized or comprehended by people.

Defensive Feedback

Responses to criticism or suggestions that are aimed at protecting oneself from perceived attack rather than absorbing the information constructively.

Dialogue

A conversation between two or more people as a feature of a book, play, or movie, or as a means of communication.

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