Between 1959 and 2003,the Average Annual Growth Rate of Real

question 90

Multiple Choice

Between 1959 and 2003,the average annual growth rate of real GDP per capita in the United States was about

• A)1 percent per year
• B)2.2 percent per year
• C)3.1 percent per year
• D)4.2 percent per year
• E)5 percent per year

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Definitions:

Occupations

The various types of jobs or professions individuals engage in to earn income.

Percentage Increases

The calculation of the rise in a quantity or value expressed as a percentage of its previous value.

Engineering Professions

Fields of work that apply scientific principles, mathematics, and ingenuity to develop technological solutions and buildings, ranging from civil to electrical engineering.

Product Demand

The total amount of a product or service that consumers are willing and able to purchase at a given price level.