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If Real GDP Per Capita in the United States Is

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If real GDP per capita in the United States is $8,000 in 2011,and if real GDP per capita is $12,000 in 2021,what is the average annual percent change in the growth rate of GDP per capita between 2011 and 2021?


Definitions:

Absolute Threshold

The smallest quantity of physical energy that can be reliably detected by an observer.

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A psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

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The act of preventing or reducing disagreement or opposition, typically within a group or organization.

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A psychological state characterized by diminished self-consciousness, reduced social identity, and disinhibited behavior, often occurring in group settings.

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