Use the data for the United States in this table to answer the following questions. Year _____________Real

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Use the data for the United States in this table to answer the following questions.

Year _____________Real GDP per Capita (2009 prices)

2010 .................................. $47,719

2011 ..................................48,116

2012 ..................................48,822

2013 ..................................49,184

2014 ..................................50,010

a. What was the percentage change in real GDP per capita between 2010 and 2014?

b. What was the average annual growth rate in real GDP per capita between 2010 and 2014?

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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