Which statement is most accurate about the real GDP per capita of different nations between 1980 and 2006?
A) The real GDP per capita of the US ranks in the middle of the other major industrialized nations.
B) The US had the highest real per capita GDP at the beginning of the period, but by the end of the period many other industrialized had caught up to the US.
C) The US had the highest real per capita GDP throughout the period and on average, the other major industrialized nations did not significantly close the gap.
D) At the beginning of the period, the US had a real GDP per capita equal to the average of the major industrialized nations, but by 2006 the US had moved into first place.
Correct Answer:
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