Unit 2: Has our standard of living gone up even as real gdp per capita has fallen?

Quite possibly, according to this really interesting post from tutor2u (based on a Telegraph article)

http://www.tutor2u.net/blog/index.php/economics/comments/life-is-better-now-despite-the-crisis?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:16:52:20Z