Over the last 100 years, the average U.S. growth rate in real GDP per person was about
A) 2 percent per year.
B) 6 percent per year.
C) 12.5 percent per year.
D) 1 percent per year.
A
Economics
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Labor payments generally represent ________ of income payments
A) one-fourth B) three-fourths C) one-third D) two-thirds
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Spending on new housing, which economists refer to as residential fixed investment, is included in the consumption expenditures component of GDP
Indicate whether the statement is true or false
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