In 2015, real GDP per person was $200. In 2016, real GDP per person increased to $250. The annual percentage change in real GDP per person is ________ percent.
A) 15
B) 20
C) 25
D) 10
E) 50
Correct Answer:
Verified
Q106: Productivity is usually measured by the
A) quality
Q107: Construction of the Canadian Pacific Railway in
Q108: The quality of labour inputs increases through
A)
Q109: Which shifts a macro production possibilities frontier
Q110: Amazonia's growth rate of real GDP per
Q112: Which shifts a macro production possibilities frontier
Q113: Economic growth rates in industrialized countries were
Q114: Technological change is represented on a macro
Q115: Real GDP per person increased from $40
Q116: Creative destruction improves living standards because
A) human
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents