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A New Politician Promises to Double the Real Gross Domestic

Question 165

Multiple Choice

A new politician promises to double the real gross domestic product (GDP) by the end of his four-year term.What would have to be the average annual economic growth rate for this to happen?


A) 11 percent
B) 12.5 percent
C) 14 percent
D) 15 percent
E) 17.5 percent

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