Economic boom i guess Flashcards

1
Q

in 1950 how big is population?

A

151.7M

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2
Q

In 1960, how big is population?

A

180.7M

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3
Q

when is population 151.7M?

A

1950

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4
Q

When is the population 180.7M?

A

1960

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5
Q

what was the gross national product in 1950 (taking inflation into account)

A

$355.3B

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6
Q

what was the gross national product in 1960 (taking inflation into account)

A

$487.76B

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7
Q

when was (taking inflation into account between 2 comparison point) GNP $355.3B

A

1950

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8
Q

when was (taking inflation into account between 2 comparison points) GNP $487.76B

A

1960

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9
Q

how much does the economy grow overall between 1950-1960?

A

37%

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10
Q

average family income in 1960

A

$5620

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11
Q

when was family income $5620?

A

1960

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12
Q

how much more did the average family have to spend on buying things in 1960 than in 1950?

A

30%

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13
Q

1953-1957 how much did cost of living rise?

A

2.8%

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14
Q

when did cost of living rise 2.8%?

A

1953-1957

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