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According to the Data in the Table Above,
A)real GDP

Question 46

Multiple Choice

 Year  Real GDP  (millions of 2005 dollars)   Population  (millions of people)   Year 1 50010 Year 2 55011\begin{array} { c c c } \hline \text { Year } & \begin{array} { c } \text { Real GDP } \\\text { (millions of 2005 dollars) }\end{array} & \begin{array} { c } \text { Population } \\\text { (millions of people) }\end{array} \\\hline \text { Year 1 } & 500 & 10 \\\text { Year 2 } & 550 & 11 \\\hline\end{array}
According to the data in the table above,


A) real GDP grew more slowly than population between year 1 and year 2.
B) real GDP grew more rapidly than population between year 1 and year 2.
C) the standard of living worsened between year 1 and year 2.
D) the standard of living improved between year 1 and year 2.
E) as measured by real GDP per person, the standard of living remained the same between year 1 and year 2.

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