If Real GDP Per Capita Measured in 2009 Dollars Was

question 77

Multiple Choice

If real GDP per capita measured in 2009 dollars was $6,000 in 1950 and $48,000 in 2016,we would say that in the year 2016,the average American could buy ________ times as many goods and services as the average American in 1950.

• A)1/8
• B)4
• C)8
• D)12

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