At what average annual rate have real GDP and real GDP per capita grown from 1950 to 2015?
A) 7.5 percent and about 5 percent, respectively
B) 3.1 percent and about 2 percent, respectively
C) 5.1 percent and about 3 percent, respectively
D) 1.1 percent and about 0.5 percent, respectively
Correct Answer:
Verified
Q122: Which of the following is a measure
Q129: A nation's real GDP was $250 billion
Q129: The economy of 1995-2010 was characterized by
Q133: A nation's real GDP was $250 billion
Q136: Proponents of economic growth claim that rising
Q136: One hypothesis for declining productivity growth rates
Q138: One hypothesis for declining productivity growth rates
Q140: Critics of economic growth say studies show
Q151: The "rule of 70" is a formula
Q160: The following factors tend to make the
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