menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Exploring Economics Study Set 1
  4. Exam
    Exam 12: Firms in Perfectly Competitive Markets
  5. Question
    A Country Will Roughly Double Its GDP in Twenty Years
Solved

A Country Will Roughly Double Its GDP in Twenty Years

Question 21

Question 21

Multiple Choice

A country will roughly double its GDP in twenty years if its annual growth rate is:


A) ​2.5 percent.
B) ​3.5 percent.
C) ​7.5 percent.
D) ​12 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q16: Rapid population growth can threaten sustained economic

Q17: To achieve a high standard of living,

Q18: If the educational attainment of a nation's

Q19: Which of the following affects the rate

Q20: Which of the following will not affect

Q22: Output per capita will tend to increase

Q23: In the nearly 200 years since Malthus

Q24: Allowing free trade can lead to greater

Q25: When observing economic growth and literacy rates,

Q26: Higher levels of savings will result in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines