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    Essentials of Economics Study Set 6
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    Exam 12: GDP: Measuring Total Production and Income
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    If,between 2003 and 2013,the Economy's Real GDP Grew from $20
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If,between 2003 and 2013,the Economy's Real GDP Grew from $20

Question 23

Question 23

Multiple Choice

If,between 2003 and 2013,the economy's real GDP grew from $20 billion to $40 billion,what was the average annual growth rate in the economy?


A) 3 per cent
B) 7 per cent
C) 20 per cent
D) 100 per cent

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