If USPer Capita GDP Is $50,000 and Grows at 2% Per

question 68

Multiple Choice

If U.S.per capita GDP is $50,000 and grows at 2% per year,what will U.S.per capita GDP be in 70 years?

• A) $100,000
• B) $200,000
• C) $400,000
• D) $800,000

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Definitions:

Moderator Variable

A variable that qualifies an otherwise simple hypothesis with a view to improving its predictive power (e.g., A causes B, but only when C (the moderator) is present).

Improve Prediction

Enhancing the accuracy or effectiveness of forecasting future events or outcomes based on current data or trends.

Simple Hypothesis

A hypothesis stating a direct relationship between two variables, with one variable affecting the other in a straightforward manner.

Moderator Variable

is a variable that affects the strength or direction of the relationship between two other variables in research studies.