Economic growth: Based on information from the World Bank, in 2018, GDP per capita was $62,641.0 in the United States and $77,449.7 in Ireland - very similar values (and relatively high values compared to many countries). But, the annual rate of GDP growth averages 2.2% in the United States and 5.6% in Ireland.

Would you predict the United States or Ireland to have a more rapid increase in the standard of living in the long run?

Answer rating: 100% (QA)

Based on the above mentioned data I would predict that the living sta... View the full answer