Understanding Per Capita GDP Trends

Understanding Per Capita GDP Trends

Assessment

Interactive Video

Created by

Aiden Montgomery

Economics, Social Studies, History

10th - 12th Grade

Hard

The video discusses the trends in per capita GDP on an inflation-adjusted basis since 1947, highlighting the growth patterns and income trends for the bottom 90% of the population. It explains how per capita GDP has doubled from 1947 to 1980 and how the income for the bottom 90% has not kept pace with GDP growth since 1980. The video also touches on the challenges faced by the bottom 90% in terms of standard of living and hints at future discussions on inflation measurement and its implications.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the chart from the New York Times primarily illustrate?

Trends in global population growth

Trends in global warming

Trends in per capita GDP on an inflation-adjusted basis

Trends in technological advancements

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is income represented in the chart?

Pre-tax and excluding government benefits

Post-tax and including government benefits

Post-tax and excluding government benefits

Pre-tax and including government benefits

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a 100% growth in per capita GDP from 1947 to 1980 signify?

The GDP has halved

The GDP has tripled

The GDP has remained the same

The GDP has doubled

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the income growth of the bottom 90% compare to per capita GDP growth from 1947 to 1980?

It was significantly lower

It was significantly higher

It roughly tracked the GDP growth

It remained stagnant

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What trend is observed in the income growth of the bottom 90% from 1980 to the present?

It has decreased significantly

It has not kept pace with per capita GDP

It has kept pace with per capita GDP

It has outpaced the top 10%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one implication of the income growth trend from 1980 to the present?

The top 10% have grown faster than the bottom 90%

The top 10% have grown slower than the bottom 90%

The bottom 90% have experienced a higher standard of living

The income gap has decreased

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one factor that might have influenced the change in income growth trends over the last 40 years?

Changes in tax policy

Advancements in renewable energy

Decrease in global population

Reduction in technological innovation

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to understand how inflation is measured?

It affects the calculation of per capita GDP

It impacts the measurement of global warming

It determines the global population size

It influences technological advancements

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the historic trend suggest about the bottom 90% and per capita GDP?

The bottom 90% have grown faster than per capita GDP

The bottom 90% have grown slower than per capita GDP

The bottom 90% have roughly grown with per capita GDP

The bottom 90% have not grown at all

10.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might be a reason for the perceived difficulty in affording certain goods today compared to 1980?

Decrease in technological innovation

Changes in how inflation is measured

Reduction in government benefits

Increase in global population

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