alt Hacker NewsIsn't this best explained by inflation. It seems like this implies that inflation adjusted GDP/energy remained pretty constant
Isn't this best explained by inflation. It seems like this implies that inflation adjusted GDP/energy remained pretty constant
Those numbers are in units of "Consumption per Real Dollar of GDP", which is defined as follows: "Calculated as energy consumption divided by U.S. gross domestic product in chained (2017) dollars".
I don't know exactly what it meant by "chained", although from the context it does sound as though it might mean something like "inflation adjusted".