Please refer to the table to answer the question. Year Real GDP 1 $ 400 million 2 $ 425 million Using the rule of 72, this economy’s real GDP will double in 6.25 years. 2.88 years. 8.68 years. 11.52 years.
Please refer to the table to answer the question. Year Real GDP 1 $ 400 million 2 $ 425 million Using the rule of 72, this economy’s real GDP will double in 6.25 years. 2.88 years. 8.68 years. 11.52 years.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
Section7.4: Real Gdp
Problem 2ST
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Please refer to the table to answer the question.
Year | Real GDP |
---|---|
1 | $ 400 million |
2 | $ 425 million |
Using the rule of 72, this economy’s real GDP will double in
6.25 years.
2.88 years.
8.68 years.
11.52 years.
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