Use the Following to Answer Questions

question 29

Multiple Choice

Use the following to answer questions :
Scenario: Growth Rates
Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year. Real GDP per capita of China is $4,000, and its annual growth rate is 7%.
-(Scenario: Growth Rates) Look at the scenario Growth Rates. How long will it take real GDP per capita of the United States to double?

• A)35 years
• B)50 years
• C)2.25 years
• D)14 years

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Definitions:

Echoic Memory

A subsystem of sensory memory that retains auditory information for a short period after the original sound has ceased.

Selectively Noticing

The cognitive process of focusing attention on certain stimuli or information while ignoring others, often based on personal relevance or importance.

Attention

The process of selectively concentrating on one aspect of the environment while ignoring other things.

Short-term Memory

The capacity for holding, but not manipulating, a small amount of information in mind in an active, readily available state for a short period of time.