Which of the following percentages is closest to the long-run average growth rate for the U.S.?

Question

Which of the following percentages is closest to the long-run average growth rate for the U.S.? ​

Quizplus · Accepted Answer

The long-run average growth rate for the U.S. is around 3 percent, according to historical data and economic analyses. A growth rate of 15 percent or 10 percent would be exceptionally high and unsustainable, while a growth rate of 5 percent is above average and still unrealistic for long-term projections.

Which of the Following Percentages Is Closest to the Long-Run