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    Exam 21: Economic Growth, the Financial System, and Business Cycles
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    If,between 2006 and 2016,the Economy's Real GDP Grew from $20
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If,between 2006 and 2016,the Economy's Real GDP Grew from $20

Question 117

Question 117

Multiple Choice

If,between 2006 and 2016,the economy's real GDP grew from $20 billion to $40 billion,what was the average annual growth rate in the economy?


A) 3%
B) 7%
C) 20%
D) 100%

Correct Answer:

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