In 2010, the typical Bangladeshi had about
A) less than half the real income of a typical American a century ago.
B) about the same real income of a typical American a century ago.
C) 2 times as much real income as that of a typical American a century ago.
D) 4 times as much real income as that of a typical American a century ago.

Question

Quizplus · Accepted Answer

Based on the information provided, we know that the typical Bangladeshi in 2010 only had about $1,700 in annual income (in real terms). By comparison, the typical American in 1910 had an average income of around $4,000 (in 2010 dollars). Therefore, the typical Bangladeshi had less than half the real income of a typical American a century ago.

In 2010, the Typical Bangladeshi Had About