Figure 21.5 shows average annual growth rates in real GDP per hour worked in the United States for various periods from 1800 onward. How might the growth rates in the figure be different if they were calculated for real GDP per capita instead of per hour worked? 

Data in Figure 21.5

Transcribed Image Text:

Growth rate of real GDP per hour worked 3.0% 2.5 2.0 1.5 1.0 0.5 0 1.3% 2.2% 2.6% 1.5% 2.4% 1.3% 1800-1900 1900-1949 1950-1973 1974-1995 1996-2005 2006-2018