Asked by Floyd Turner on Jun 28, 2024
Verified
Which of the following is true about U.S.energy consumption and per capita real GDP since 1988?
A) Per capita energy consumption and per capita real GDP have both risen.
B) Per capita consumption of energy has been relatively constant,while per capita real GDP has risen.
C) Per capita energy consumption and per capita real GDP have both fallen.
D) Per capita energy consumption has fallen,while per capita real GDP has risen.
Per Capita Real GDP
An economic measure that represents the inflation-adjusted gross domestic product divided by the total population, indicating the average economic output per person.
- Establish a connection between energy use and economic production.
- Understand the impact of demographic shifts on economic metrics and the utilization of resources.
Verified Answer
LK
Lokesh kumarJul 04, 2024
Final Answer :
B
Explanation :
Since 1988, the United States has seen a trend where per capita energy consumption has remained relatively constant, while per capita real GDP has increased. This reflects improvements in energy efficiency and a shift towards a more service-oriented economy, which is less energy-intensive compared to manufacturing.
Learning Objectives
- Establish a connection between energy use and economic production.
- Understand the impact of demographic shifts on economic metrics and the utilization of resources.