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Macroeconomics

The Uses and Limitations of Real GDP (Study Plan 4.3 7. Use the following table to work out in which year the U.S. standard of living ) increased and (i) decreased. Explain your answer. Year 2006 $13.0 trillion 300 million 2007 $13.2 trillion 302 million 2008 $13.2 trillion 304 million 2009 $12.8 trillion 307 million Real GDIP Population
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Finding the real per capita GDP , which is indicator of standard of living

on) [31300- 34 13.2 | 302 .0134-nighest 13.9 1304 013421 128 3004169 Cowest a006 Доо 8 U) Ci) dhun in yeas 없009, Living sid fed. in 2008, &2009, ivi vg std ved. (it)

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