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    Macroeconomics Study Set 26
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    Exam 3: An Overview of Long- Run Economic Growth
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    If Per Capita GDP in 2004 Was $1,000 and in 2005
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If Per Capita GDP in 2004 Was $1,000 and in 2005

Question 34

Question 34

Multiple Choice

If per capita GDP in 2004 was $1,000 and in 2005 was $1,200,the growth rate of per capita GDP was:


A) 1.2 percent.
B) about 17 percent.
C) 20 percent.
D) 120 percent.
E) Not enough information is given.

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