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Use the graph to help determine which one of the following statements is true: GDP per capita (2012 dollars) $60,000 O A. The average American
Use the graph to help determine which one of the following statements is true: GDP per capita (2012 dollars) $60,000 O A. The average American in the year 2020 could buy more than eight times as many goods and services as the average 50,000 American in the year 1900. 40.000 O B. The average American in the year 2020 is eight times better off as the average American in the year 1900. 30,000 O C. Real GDP per capita has increased every year during the time 20,000 period shown. O D. Both A and B are true statements. 10,000 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 2020 S Get more help - Clear all Check
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