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Questions and Answers
What was the average annual growth rate of real GDP per capita in the United States from 1900 to 2015?
What was the average annual growth rate of real GDP per capita in the United States from 1900 to 2015?
- 1.2%
- 1.9% (correct)
- 2.5%
- 3.5%
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?
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 (correct)
- 70 years
- 140 years
- 50 years
What percentage of the world's population lived with a lower standard of living than the United States a century ago?
What percentage of the world's population lived with a lower standard of living than the United States a century ago?
- 50%
- 25% (correct)
- 15%
- 10%
In 1900, what percentage of its 2015 level was the Real GDP per capita?
In 1900, what percentage of its 2015 level was the Real GDP per capita?
Which region had high incomes in 2015 according to the text?
Which region had high incomes in 2015 according to the text?
What was the average annual growth rate of real GDP per capita in the United States from 1900 to 2015?
What was the average annual growth rate of real GDP per capita in the United States from 1900 to 2015?
What percentage of the world's population lived with a lower standard of living than the United States a century ago?
What percentage of the world's population lived with a lower standard of living than the United States a century ago?
In 1900, what percentage of its 2015 level was the Real GDP per capita?
In 1900, what percentage of its 2015 level was the Real GDP per capita?
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?
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?
Which region had high incomes in 2015 according to the text?
Which region had high incomes in 2015 according to the text?
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