In 2000 prices adjusted for inflation,the U.S.per capita GDP was about __________ in 1870,and by 2004 it had grown to about __________.
A)$500;$37,000
B)$2,500;$37,000
C)$500;$17,000
D)$10,000;$11,000
E)$100;$100,000

Question

Quizplus · Accepted Answer

According to the information given in the question, we need to find the U.S. per capita GDP in 1870 and 2004 in 2000 prices adjusted for inflation. The answer choices provide different options for these values. We can eliminate choices A, C, D, and E based on the extreme values they provide for one or both of the years. Choice B, which provides a per capita GDP of $2,500 in 1870 and $37,000 in 2004, seems reasonable based on historical data and trend analysis. Therefore, the best choice is B.

In 2000 Prices Adjusted for Inflation,the U