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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 GDP Grows at a Rate of 3 Per Cent
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If GDP Grows at a Rate of 3 Per Cent

Question 38

Question 38

Multiple Choice

If GDP grows at a rate of 3 per cent 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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