If real GDP per capita in the United States is $8,000 in 2018,and if real GDP per capita is $12,000 in 2028,what is the total percent change in the growth rate of GDP per capita between 2018 and 2028?
A)3.33%
B)5%
C)33%
D)50%

Question

Quizplus · Accepted Answer

The total percent change in the growth rate of GDP per capita from $8,000 to $12,000 is calculated as (($12,000 - $8,000) / $8,000) * 100 = 50%.

If Real GDP Per Capita in the United States Is