Real GDP per person averaged $150 a year (in 2009 dollars) from 1,000,000 BC until 1620. Then in real GDP began to increase without limit and by 1850 had risen to twice its 1650 level because

A) 1650; the Pilgrims arrived in the Americas
B) 1750; Columbus arrived in the Americas
C) 1650; of the Industrial Revolution
D) 1750; of the Industrial Revolution
E) 1776; United States was founded

Economics

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The AS curve shifts leftward if

A) good weather increases agricultural harvests. B) OPEC reduces world oil prices. C) tax cuts stimulate labor supply. D) the money wage rate increases. E) government expenditure increases.

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The relative prices of wool, cocoa, aluminum, rice, cotton, and sugar declined by more than half during the 20th century.

Answer the following statement true (T) or false (F)

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Real GDP per person averaged $150 a year (in 2009 dollars) from 1,000,000 BC until 1620. Then in ________ real GDP began to increase without limit and by 1850 had risen to twice its 1650 level because ________

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Real GDP per person averaged $150 a year (in 2009 dollars) from 1,000,000 BC until 1620. Then in real GDP began to increase without limit and by 1850 had risen to twice its 1650 level because