8. In 1990 real GDP per capita in the US was $40000. In 2004 real GDP per capita was $80000. What was the average annual growth rate of real GDP per capita in the US during this time?
8. In 1990 real GDP per capita in the US was $40000. In 2004 real GDP per capita was $80000. What was the average annual growth rate of real GDP per capita in the US during this time?
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 22CTQ: Over the past 50 years, many countries have experienced an annual growth rate in real GDP per capita...
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Subject: Business Economics
8. In 1990 real
What was the average annual growth rate of real GDP per capita in the US during this time?
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