Multiple Choice
If the growth rate for GDP was 9 percent and GDP in year 1 was 100, then GDP in year 2 would be
A) 90.
B) 109.
C) 190.
D) 199.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q26: Which of the following creates difficulties in
Q27: Using the rule of 70, if the
Q28: Capital stock will increase as long as<br>A)
Q29: In a simple economy (without government or
Q30: Explain the economic concept of convergence.
Q32: The returns to education are<br>A) lowest in
Q33: It is possible for an economy to
Q34: Will increased imports of supercomputers for industry
Q35: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2855/.jpg" alt=" -Refer to Figure
Q36: Labor productivity is defined as<br>A) total output