If Output Per Capita Doubles in 24 Years and the Population

question 81

Multiple Choice

If output per capita doubles in 24 years and the population doubles in 18 years, what is the growth rate of output?

• A) 4% per year
• B) 5% per year
• C) 6% per year
• D) 7% per year

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Definitions:

Personality

The fusion of characteristics that outline an individual's distinctive personality.

Trait

A characteristic or quality that defines or distinguishes a person or thing.

Optimistic

Having a hopeful or positive outlook on the future, expecting the best possible outcome in any given situation.

Impulsive

Acting suddenly on instinct or emotion without premeditated thought, often leading to unintended consequences.