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A Comparison of the Average Growth Rates for the Periods

Question 23

Multiple Choice

A comparison of the average growth rates for the periods 1980- 1999 and 2000- 2007 for Australia indicates that:


A) the average growth rates are the same.
B) the average growth rate has slightly increased in the more recent period.
C) the recent increase in average growth rates is due to large increases in capital formation.
D) the recent increase in average growth rates is due to the fact that Australia is a lucky country.
E) the average growth rates have decreased in the more recent period.

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