What Is the Annual Rate of Growth of Per Capita

question 52

Multiple Choice

What is the annual rate of growth of per capita real GDP if real GDP grows at a constant rate of 5 percent per year and the annual rate of population growth is 2 percent?

• A) 7 percent
• B) 3 percent
• C) 5 percent
• D) -1 percent

---

Definitions:

Scheduled Deliveries

Scheduled deliveries refer to the planned transportation of goods or services to a specific location at a predetermined time, often used in logistics and supply chain management to ensure timely distributions.

On-time Rates

The percentage or proportion of events occurring at or within their scheduled time, often used in the context of transportation and deliveries.

Scheduled Deliveries

Prearranged plans for goods or services to be delivered at specific times or intervals, often used to optimize supply chain and logistics.

Certification Test

An examination designed to assess and verify an individual's competency in a particular skill or knowledge area, often leading to certification.