16. Use the following table to work out in which year the U.S. standard of living (i)...

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16. Use the following table to work out in which year the U.S. standard of living (i) increases and (ii) decreases? Explain your answer. Year Real GDP Population 2006 $13.0 trillion 300 million 2007 $13.2 trillion 302 million 2008 $13.2 trillion 304 million 2009 $12.8 trillion 307 million

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Parkin Macroeconomics

ISBN: B0070OLVAC

10th Edition

Authors: Michael Parkin

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