Which of the following statements are CORRECT?
I. The average economic growth rate in real GDP per person in the United States over the last century was 5 percent per year.
II. The United States has the highest economic growth rate of any nation.

Question

Quizplus · Accepted Answer

The average economic growth rate in real GDP per person in the United States over the last century was not 5 percent per year; it was closer to 2 percent per year. Additionally, the United States does not have the highest economic growth rate of any nation; several emerging economies often experience higher growth rates.

Which of the Following Statements Are CORRECT