Refer to the above figure. Line C in Panel B does NOT represent

Refer to Table 15-4. What is the economically efficient output level?

A) 5 units B) 6 units C) 7 units D) 8 units

From 1900 to 2013, real GDP per person has had two important attributes

A) It has grown substantially over time and there are small differences from country to country. B) It has grown unevenly over time in the U.S. but it has grown substantially. C) It has grown evenly over time in the U.S. and there are huge differences from country to country. D) It has fluctuated around a trend in the U.S. but it has not grown much for all the Southeast Asian countries. E) It has doubled in the U.S. but there have been many recession periods.