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Suppose that U.S. has real GDP of $15 trillion with a population of 0.3 billion and with its average annual growth rate of 10% in
Suppose that U.S. has real GDP of $15 trillion with a population of 0.3 billion and with its average annual growth rate of 10% in 2010. Which of the following statements about U.S. economy is false? Group of answer choices U.S. real GDP per capita is $50,000 in 2010. U.S. real GDP per capita becomes $700,000 in 2110 with real GDP per capita and average annual growth rate in 2010. U.S. real GDP per capita becomes $129,687 in 2020 with average annual growth rate and real GDP per capita in 2010. It takes approximately 7 years for U.S. to double real GDP per capita since 2010
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