If Real GDP Per Person Were Equal to $2,000 in 1900

question 141

Multiple Choice

If real GDP per person were equal to $2,000 in 1900 and grew at a one percent annual rate, what would be the value of real GDP per person 100 years later?

• A)$2,210
• B)$4,000
• C)$5,410
• D)$20,000

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Definitions:

Common Carotid

A major artery that supplies blood to the head and neck.

Femoral Artery

A major blood vessel in the thigh that supplies oxygenated blood to the lower portion of the body.

Posterior Tibial

Pertaining to the rear (posterior) tibial nerve or artery, which are located in the lower leg and supply regions of the foot.

Smooth Muscle Fibers

Specialized muscle tissues that contract involuntarily, found in the walls of internal organs such as the stomach, intestines, and blood vessels.