In 2010,per capita real gross domestic product (GDP)in the United States was roughly $46,000.In 2011,per capita real GDP in the United States was roughly $48,400.Therefore,between 2010 and 2011,the rate of economic growth in the United States was:

Question

Quizplus · Accepted Answer

The rate of economic growth is calculated as the percentage change in real GDP from one year to the next. In this case, the rate of economic growth between 2010 and 2011 is:((48,400 - 46,000) / 46,000) * 100 = 5.2%

In 2010,per Capita Real Gross Domestic Product (GDP)in the United