Year real gdp population, Use the following table to work

Year real gdp population

Reference no: EM13540002

Use the following table to work out in which year the U.S. standard of living (i) increase and (ii) decreases. Explain your answer.
Year Real GDP Population
2006 $13.0 trillion 300 million
2007 $13.2 trillion 302 million
2008 $13.2 trillion 304 million
2009 $12.8 trillion 307 million

Reference no: EM13540002

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