According to Figure 2.4,
(a) Did the quantity of manufactured output increase or decrease between 1900 and 2000?
(b) By how much (in percentage terms)?
Use the percentage change formula = [(new value ˆ’ original value) / original value] × 100
(c) Did the manufacturing share of GDP rise or fall during that time
TABLE 2.4 Unequal Incomes

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2014 Income (Dollars) Above $112,000 Share of Total Income (Percent) Average Income $194,053 87,834 Income Group Highest fifth Second fifth 51.2% 23.2 14.3 8.2 68,000–112,000 41,000-68,000 Third fifth Fourth fifth Lowest fifth 54,041 21,000-41,000 31,087 11,676 0-21,000 3.1