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QUESTION

The table below shows real GDP per capita for the United States between the years 1950-2016. Real GDP per Capita over Time 1950 $13,819 1975 24,601...

52,172

Instructions:

a. What is the growth rate in the standard of living from 1950 to 1975?

       %

b. What is the growth rate in the standard of living from 1975 to 2000?

       %

c. What is the growth rate in the standard of living from 2000 to 2016?

       %

*I AM NOT SURE HOW TO SOLVE QUESTIONS A-C. PLEASE HELP

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