The table below shows real GDP per capita for the United States between the years 1950-2016. Real GDP per Capita over Time Real GDP per Capita (dollars) Year 1950 1975 2000 2016 $13,327 23,439 42,760 47,142 Instructions: Round your answers to one decimal place. a. What is the growth rate in the standard of living from 1950 to 1975? 2.3 % b. What is the growth rate in the standard of living from 1975 to 2000? 2.4 % c. What is the growth rate in the standard of living from 2000 to 2016? 0.6 %

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