1. What is this time series g  raphing? 2. What is the base year for this time series? 3. What do you notice about the shaded gray areas? a. real GDP per capita decreases b. real GDP per capita increas

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1. What is this time series g 

raphing?

2. What is the base year for this time series?

3. What do you notice about the shaded gray areas?

a. real GDP per capita decreases

b. real GDP per capita increases

c. real GDP per capita shows no trends during recessions.

4. What is the overall trend of this series?

a. real GDP per capita is increasing over time.

b. real GDP per capita is hovering around the same levels

c. real GDP per capita was falling, but has increased a little in the past two decades.

5. What is real GDP per capita right before the Great Recession? $

a. $51,637

b. $40,000

c. $15,000

d. $100,000

6. When did real GDP per capita reach this level again?

a. 2013

b. 2020

c. 2009

d. 2023

7. What is the real GDP per capita in 2000?

a. Approximately $46,000

b. Approximately $20,000

c. Approximately $100,000

 
Chained 2012 Dollars
60,000
50,000
40,000
30,000
20,000
10,000
1950
1955
1960
1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
Transcribed Image Text:Chained 2012 Dollars 60,000 50,000 40,000 30,000 20,000 10,000 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015
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