Solved

Which of the Following Is a Correct Statement About the Growth

Question 169

Multiple Choice

Which of the following is a correct statement about the growth of real GDP in the U.S.economy?


A) Real GDP in 2004 was almost four times its 1965 level.
B) The output of goods and services grew on average about 3.2 percent per year between 1965 and 2004.
C) Continued growth in real GDP enables the typical American to enjoy greater economic prosperity than did his or her parents and grandparents.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents