Over the Last 100 Years, the Average U

question 306

Multiple Choice

Over the last 100 years, the average U.S. growth rate in real GDP per person was about

• A) 2 percent per year.
• B) 6 percent per year.
• C) 12.5 percent per year.
• D) 1 percent per year.

---

Definitions:

Competition Tribunal

A specialized court that deals with antitrust and competition law issues, often resolving disputes between competitors or allegations of unfair market practices.

Search Warrant

A legal document authorizing a police officer or other official to enter and search premises.

Suggested Retail Price

The price that a manufacturer recommends retailers sell a product for, although retailers are not obligated to adhere to this suggestion.

Competition Act

Legislation aimed at preventing anti-competitive practices in the marketplace, ensuring fair competition.