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    Macroeconomics Study Set 17
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    Exam 10: Economic Growth, the Financial System, and Business Cycles
  5. Question
    If GDP Grows at a Rate of 3% Per Year,approximately
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If GDP Grows at a Rate of 3% Per Year,approximately

Question 247

Question 247

Multiple Choice

If GDP grows at a rate of 3% per year,approximately how long will it take for GDP to double in size?


A) 12 years
B) 21 years
C) 23 years
D) 35 years

Correct Answer:

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