Foundations of Economics, 8th Edition

Horizontal axis shows the years ranging from 1960 to 2015 in increment of 5. The vertical axis shows real GDP per person on a ratio scale of 2015 dollars. It ranges from 1000 to 64000 with 2000, 4000, 8000, 16000 and 32000 marked in between. The graph shows five near-parallel lines moving on an upward slope. The line on top labeled United States starts at 17,000 in 1960 and ends at 62,000 in 2015. The line below it, labeled as Europe’s big 4 starts at 17,000 in 1970 and ends at 40,000 in 2015. The middle line, labeled as Eastern Europe starts at 10,000 in 1980 and moves up to end at 25,000 in 2015. The fourth line labeled Central and South America starts at 6000 in 1960 and ends at 16,000 in 2015. The last line representing Africa starts at 2,000 ...