Economic growth in the U.S.since 1950 has been characterized by
A) an average growth rate in real GDP that is slower than the growth rate of the population.
B) aquadrupling of real GDP from 1950 to 2015.
C) an average growth rate in real GDP that is faster than the growth rate of the population.
D) an average growth rate in real GDP per capita of about 6 percent per year.
Correct Answer:
Verified
Q122: Which of the following is a measure
Q129: The economy of 1995-2010 was characterized by
Q136: One hypothesis for declining productivity growth rates
Q136: Proponents of economic growth claim that rising
Q138: One hypothesis for declining productivity growth rates
Q143: The reasons why per capita GDP in
Q145: Which of the following is best considered
Q146: Supply factors in economic growth include the
Q162: If 40,000 worker-hours produced a total output
Q173: Assume that an economy has 1,500 workers,
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