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Consider the Following Table for a Hypothetical Economy in Which

Question 32

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Consider the following table for a hypothetical economy in which the initial level of GDP ( Consider the following table for a hypothetical economy in which the initial level of GDP ( ) in all cases is 1000.Assume that real GDP grows according to the equation ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates TABLE 25-1 Note: This question requires a calculator with an exponent feature. Refer to Table 25-1.What is real GDP in this economy in Year 20 if the annual growth rate is 1%? A) 200 B) 1020 C) 1220 D) 6727 E) 20 200 ) in all cases is 1000.Assume that real GDP grows according to the equation Consider the following table for a hypothetical economy in which the initial level of GDP ( ) in all cases is 1000.Assume that real GDP grows according to the equation ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates TABLE 25-1 Note: This question requires a calculator with an exponent feature. Refer to Table 25-1.What is real GDP in this economy in Year 20 if the annual growth rate is 1%? A) 200 B) 1020 C) 1220 D) 6727 E) 20 200 Consider the following table for a hypothetical economy in which the initial level of GDP ( ) in all cases is 1000.Assume that real GDP grows according to the equation ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates TABLE 25-1 Note: This question requires a calculator with an exponent feature. Refer to Table 25-1.What is real GDP in this economy in Year 20 if the annual growth rate is 1%? A) 200 B) 1020 C) 1220 D) 6727 E) 20 200 ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates Consider the following table for a hypothetical economy in which the initial level of GDP ( ) in all cases is 1000.Assume that real GDP grows according to the equation ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates TABLE 25-1 Note: This question requires a calculator with an exponent feature. Refer to Table 25-1.What is real GDP in this economy in Year 20 if the annual growth rate is 1%? A) 200 B) 1020 C) 1220 D) 6727 E) 20 200 TABLE 25-1
Note: This question requires a calculator with an exponent feature.
Refer to Table 25-1.What is real GDP in this economy in Year 20 if the annual growth rate is 1%?


A) 200
B) 1020
C) 1220
D) 6727
E) 20 200

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