Posted by **sheela** on Monday, January 29, 2007 at 7:40pm.

GDP per capita in the U.S. was approximately $41,000 in 2005, what will it be in the year 2015 in GDP per capita grows each year by

A) 0%

B) 2%

C)4%

Use algebra.

a) 41,000

b) 41,000*((1.02)^10)

c) 41,000*((1.04)^10)

## Answer this Question

## Related Questions

- macroeconomics - Year - 2000 Nominal GDP: 9,817 Real GDP: ___________ GDP ...
- math - Help please!: By what factor (2x, 4x, etc.) would the per capita GGP have...
- math - Help please!: By what factor (2x, 4x, etc.) would the per capita GGP have...
- math - Average Growth Rate(2000-2009)of China - GDP: 10.9 Population: 0.8 Per ...
- Macroeconomics - Calculating the Rate of Growth of Per Capita Real GDP The ...
- Macroeconomics* Please check my answers* - If real GDP per capita grows at a ...
- Economic - All of the following refer to the Economy of Ecoland: - GDP in 1990 ...
- Economics - Help The answer i got is : GDP grew 10% GDP for 2006 using 2005 as ...
- economics - How do economists determine the real GDP per capita?
- Economics - The answer i got is : GDP grew 10% GDP for 2006 using 2005 as the ...

More Related Questions