If Per Capita GDP in 2014 Was $1,000 and in 2015

question 36

Multiple Choice

If per capita GDP in 2014 was $1,000 and in 2015 was $1,200, the growth rate of per capita GDP was:

• A) 1.2 percent
• B) about 17 percent
• C) 20 percent
• D) 120 percent
• E) Not enough information is given.