The following is the graph of the natural log of UK real GDP per capita between 1875 and 2014: Based on this information, which of the following statements is correct? Log of real GDP per capita 11.0 10.5 10.0 95 9.0 8.5 8.0 75 ა C Year Show Transcribed Text y-0.0156x 7.7734 R-0.9445 (A) The graph shows that real GDP per capita in the UK in 1955 was about £8,000. (B) The slope of the best-fit straight line is the average annual growth rate. (C) The graph shows that the average growth rate was lower in the decades after 1921 than in the decades before 1918. (D) The graph of real GDP per capita plotted using a ratio scale would look very different to the graph above.

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The following is the graph of the natural log of UK real
GDP per capita between 1875 and 2014: Based on this
information, which of the following statements is
correct?
Log of real GDP per capita
11.0
10.5
10.0
9.5
9.0
8.5
8.0
7.5
-068T
ა
c
Year
Show Transcribed Text
y-0.0156x 7.7734
R-0.9445
(A) The graph shows that real GDP per capita in the UK in
1955 was about £8,000.
(B) The slope of the best-fit straight line is the average
annual growth rate.
(C) The graph shows that the average growth rate was
lower in the decades after 1921 than in the decades
before 1918.
(D) The graph of real GDP per capita plotted using a ratio
scale would look very different to the graph above.
Transcribed Image Text:The following is the graph of the natural log of UK real GDP per capita between 1875 and 2014: Based on this information, which of the following statements is correct? Log of real GDP per capita 11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 -068T ა c Year Show Transcribed Text y-0.0156x 7.7734 R-0.9445 (A) The graph shows that real GDP per capita in the UK in 1955 was about £8,000. (B) The slope of the best-fit straight line is the average annual growth rate. (C) The graph shows that the average growth rate was lower in the decades after 1921 than in the decades before 1918. (D) The graph of real GDP per capita plotted using a ratio scale would look very different to the graph above.
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