According to the text, a person born in the United States at the beginning of this century would likely observe
A) an overall increase in real GDP per capita of 200 percent by 2020.
B) an overall decrease in real GDP per capita of 100 percent by 2020.
C) an overall increase in real GDP per capita of about 20 percent by 2020.
D) virtually no change in real GDP per capita by 2020.

Question

Quizplus · Accepted Answer

The text states that real GDP per capita in the United States has increased by about 2 percent annually over the past century. Therefore, from the beginning of the century to 2020, there would likely be an overall increase of about 20 percent (2 percent per year times 10 years). Choice A, an increase of 200 percent, is too high. Choice B, a decrease of 100 percent, is impossible. Choice D, no change, is unlikely given the historical trend of growth in real GDP per capita.

According to the Text, a Person Born in the United