10 Questions
What was the average annual growth rate of real GDP per capita in the United States from 1900 to 2015?
1.9%
According to the rule of 70, how long does it take for real GDP per capita to double if it grows at 2% per year?
35 years
What percentage of the world's population lived with a lower standard of living than the United States a century ago?
25%
In 1900, what percentage of its 2015 level was the Real GDP per capita?
12%
Which region had high incomes in 2015 according to the text?
Europe and North America
What was the average annual growth rate of real GDP per capita in the United States from 1900 to 2015?
1.9%
What percentage of the world's population lived with a lower standard of living than the United States a century ago?
25%
In 1900, what percentage of its 2015 level was the Real GDP per capita?
12%
According to the rule of 70, how long does it take for real GDP per capita to double if it grows at 1% per year?
70 years
Which region had high incomes in 2015 according to the text?
Europe and North America
Test your knowledge of macroeconomics with this quiz on economic growth and technology. Explore the key statistic of real GDP per capita and its significance in measuring a country's economic progress over time. Delve into the impact of a rising price level and the influence of population size on economic growth.
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