Over the Course of the Twentieth Century, Real GDP Per

question 205

Multiple Choice

Over the course of the twentieth century, real GDP per capita in the United States rose MOSTLY as a result of:

• A) rising population.
• B) rising employment.
• C) rising productivity.
• D) reduced vacation time.

---

Definitions:

Linear Relationship

A type of relationship between two variables where a change in one variable is associated with a proportional change in the other.

COV

COV refers to the coefficient of variation, a statistical measure of the relative dispersion or variability of a data set relative to its mean, expressed as a percentage.

Covariance

A measure that indicates the extent to which two variables change together; positive covariance indicates that both variables tend to move in the same direction.

Conditional Probabilities

The probability of a specific event happening after another event has already taken place.