If Real GDP Per Capita in the United States Is

question 139

Multiple Choice

If real GDP per capita in the United States is $8,000 in 2013,and if real GDP per capita is $12,000 in 2023,what is the total percent change in the growth rate of GDP per capita between 2013 and 2023?

• A)3.33%
• B)5%
• C)33%
• D)50%

---

Definitions:

Cash Payback Method

A capital budgeting technique that calculates the length of time required to recoup the original investment through cash flows.

Cash Payback Period

A method of evaluating a capital investment proposal that focuses on the expected period of time between the date of an investment and the recovery in cash of the amount invested.

Amount Invested

The total sum of money committed into a venture, asset, or security by an investor or group of investors.

Investment Date

The specific date on which an investment was made or acquired, which is important for calculating holding periods, interest, dividends, and capital gains.