According to the text, a person born in the United State in 1960 would have observed
A) a 20 percent decrease in U.S. real GDP per capita by the end of 1980.
B) an 80 percent increase in U.S. real GDP per capita by the end of 1980.
C) nearly no change in U.S. real GDP per capita by the end of 1980.
D) an average annual rate of 8 percent growth in U.S. real GDP through 1980.

Question

Quizplus · Accepted Answer

The text states that real GDP per capita in the U.S. increased from $15,000 in 1960 to $27,000 in 1980, which is an increase of approximately 80 percent. Therefore, option B is the best choice.

According to the Text, a Person Born in the United