If GDP is expected to increase at a steady rate of 3% per year, how many years
Question:
If GDP is expected to increase at a steady rate of 3% per year, how many years would it take for living standards to double?
a. 10
b. 20
c. 24
d. 30
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Related Book For
Managerial Economics
ISBN: 9781337106665
5th Edition
Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward
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