ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRODUCTIVITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
America’s GDP per Capital today is about how many times greater than 100 years ago?
A
8
B
10
C
12
D
5
Explanation: 

Detailed explanation-1: -The United States GDP has risen in recent years as a result of the country’s highly competent and educated workforce. The United States currently has greater technology, more workforce, and more capital than ever before.

Detailed explanation-2: -Real GDP per capita in the United States in 2008 was $46667.

Detailed explanation-3: -In 2021, the gross domestic product per capita in the United States amounted to around 69, 227.11 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information.

There is 1 question to complete.