The growth rate of GDP per person since the 1960s has
A) consistently risen as shown with the Lucas wedge.
B) slowed, especially during the 1970s, and has resulted in losses estimated by the Lucas wedge.
C) risen, particularly during the 1970s, and has meant GDP has grown as measured by the Okun gap.
D) remained constant and is measured by the Okun gap.
Correct Answer:
Verified
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