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