In which decade, beginning with the 1960s, was the growth of potential GDP per person greatest and slowest? Over the 120 years from 1900 to 2020, the average annual growth rate of U.S. real GDP per person is _____ %
In which decade, beginning with the 1960s, was the growth of potential GDP per person greatest and slowest? Over the 120 years from 1900 to 2020, the average annual growth rate of U.S. real GDP per person is _____ %
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter16: Creating An Environment For Growth And Prosperity
Section: Chapter Questions
Problem 10CQ
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What has been the average annual growth rate of U.S. real GDP per person over the 120 years from 1900 to 2020?
In which decade, beginning with the 1960s, was the growth of potential GDP per person greatest and slowest?
Over the 120 years from 1900 to 2020, the average annual growth rate of U.S. real GDP per person is _____ %
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