The rate of real per capita GDP growth in the United States
A) has consistently exceeded that of every other major nation except Japan.
B) steadily increased by 4 percent during each decade from 1870 to 1970.
C) has not been affected by changes in labor force productivity.
D) has averaged about 2 percent per year over the last century.
E) has averaged in excess of 5 percent per year in the decades since World War II.
Correct Answer:
Verified
Q1: New methods of producing existing products and
Q2: Productivity is measured by the
A) rate of
Q4: In 1840,the country with the highest per
Q5: In recent decades research and development activities
Q6: Economic growth is generally measured by the
Q7: Generally,in the field of technology,the United States
Q8: A major contribution to economic growth comes
Q9: The federal government is the source of
Q10: New methods of producing existing products and
Q11: In the late 1990s and early 2000s,in
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