In the United States, the number of hours worked per person has ...

[Lisaclaire]

In the United States, the number of hours worked per person has decreased since 1800. How would growth rates since 1800 be different if they were calculated for real GDP per capita instead of GDP per hour worked?
 
  What will be an ideal response?

Question 2

Torrie is thinking of starting up a small business selling hand-painted wine glasses. She is considering setting up her business as a sole proprietorship. What is one disadvantage to Torrie of setting up her business as a sole proprietorship?
 
  A) As a sole proprietor, Torrie would face unlimited liability.
  B) As a sole proprietor, Torrie would be subject to significant rules and regulations.
  C) As a sole proprietor, Torrie would be taxed twice.
  D) As a sole proprietor, Torrie would not have control of the business.

[thall411]

Answer to Question 1

Because the number of hours worked per person in the United States has decreased in the years since 1800, the growth rates would be lower if they were calculated for real GDP per capita instead of per hour worked.

Answer to Question 2

A