Real GDP per person averaged 150 a year (in 2009 dollars) from 1,000,000 BC until 1620. Then in ________ real GDP began to increase without limit and by 1850 had risen to twice its 1650 level because ________.
A) 1750; of the Industrial Revolution
B) 1776; United States was founded
C) 1750; Columbus arrived in the Americas
D) 1650; the Pilgrims arrived in the Americas
E) 1650; of the Industrial Revolution
Question 2
Which of the following are sources of revenue for state and local governments?
i. property taxes
ii. sales taxes
iii. transfers from the federal government
A) i, ii and iii B) ii and iii C) i and ii D) i only E) i and iii
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