Real GDP per capita in the United States grew from about 6 000 in 1900...
50.1K
Verified Solution
Link Copied!
Question
Basic Math
Real GDP per capita in the United States grew from about 6 000 in 1900 to about 55 786 in 2020 which represents an annual growth rate of 1 88 percent Real time data provided by Federal Reserve Economic Data FRED Federal Reserve Bank of Saint Louis If the United States continues to grow at this rate it will take 37 2 years for real GDP per capita to double Enter your response rounded to two decimal places If government economic policies meant to stimulate economic growth result in the annual growth rate increasing to 2 13 percent it will take years for real GDP per capita to double Enter your response rounded to two decimal places
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
