Multiple Choice
Since World War II, the long-term average rate of real GDP growth in the United States has been about:
A) 1.35%.
B) 3.25%.
C) 6.5%.
D) 13.5%.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q35: Real GDP is equal to nominal GDP
Q53: What data are needed to calculate GDP?<br>A)
Q81: A farmer's purchase of a new tractor
Q130: Gross domestic product (GDP)is the market value
Q161: The purchase of stocks and bonds is
Q170: Use the following to answer questions:
Q171: The factor income approach to calculating GDP
Q172: In 2010, nominal GDP was $14.6 trillion
Q174: The largest spending component of GDP in
Q178: Most economists prefer _ as the best