Which of the following is not 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) Growth was steady between 1965 and 2004.
C) Continued growth in real GDP enables the typical American to enjoy greater economic prosperity than his or her parents and grandparents did.
D) The output of goods and services produced grew on average about 3.2 percent per year between 1965 and 2004.
Correct Answer:
Verified
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Q329: Table 23-6
The table below contains data for
Q330: Table 23-6
The table below contains data for
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