In 1961,real GDP totaled $575 billion and in 2011 it totaled $1,255 billion.Between 1961 and 2011,the population increased from 50 million to 100 million.Between 1961 and 2011,the standard of living based on real GDP per person
A)increased from $11,500 to $12,550.
B)increased by over 300 percent.
C)increased by about 118 percent.
D)decreased from $125,500 to $28,750.
E)decreased by 9 percent.

Question

Quizplus · Accepted Answer

The Answer of In 1961,real GDP totaled $575 billion and in 2011 it totaled $1,255 billion.Between 1961 and 2011,the population increased from 50 million to 100 million.Between 1961 and 2011,the standard of living based on real GDP per person
A)increased from $11,500 to $12,550.
B)increased by over 300 percent.
C)increased by about 118 percent.
D)decreased from $125,500 to $28,750.
E)decreased by 9 percent.

In 1961,real GDP Totaled $575 Billion and in 2011 It