From 2012 to 2013,U.S.real GDP increased by 1.8% and the U.S.population grew by 0.7%.Therefore,per capita real GDP in the United States increased by:

Question

Quizplus · Accepted Answer

To calculate per capita real GDP, we need to divide real GDP by the population. So, if we divide the 1.8% increase in real GDP by the 0.7% increase in population, we get (1.8% / 0.7%) = 2.57%. This means that real GDP per capita increased by 2.57%. Therefore, the correct answer is B) 1.1%, which is the closest option to 2.57% among the choices given.