Saturday, December 6, 2014

Real U. S. Per Capita Consumption Doubled From 1970-2005, Even After Taking Health Care Into Account

This is a chart I show in my micro class. I think it is based on 2000 $s (that is, it uses the price level from the year 2000).


Year
Real Per capita consumption
Minus Health Care
1950
7,634

1960
8,685

1970
12,078
11,112
1980
14,864

1990
19,158

2000
23,899

2005
26,491
22,252

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