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ased on this table, calculate GDP and growth rates. Items20102011 Aggregate hours (billions)240.6238.8 Real GDP (billions of 2010 dollars)9,1919,215 1.How long will it take for
ased on this table, calculate GDP and growth rates.
Items20102011
Aggregate hours (billions)240.6238.8
Real GDP (billions of 2010 dollars)9,1919,215
1.How long will it take for real GDP to double if its growth rate is twice as much as the 2011 growth rate over time?
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