Historically, real income per person:
A. barely changed at all until the 1800s but began to increase after.
B. has steadily increased at an average rate of 2 percent
C. has barely changed at all worldwide.
D. barely changed at all until the 1500s but began to increase after.
Answer: A
Economics
You might also like to view...
Wealthy consumers do not have to make decisions on what to buy or how much to save
a. True b. False Indicate whether the statement is true or false
Economics
If the interest rate increases due to an increase in government purchases, the rise in real GDP will be greater than what would have occurred if the interest rate had remained stable
a. True b. False
Economics