Multiple Choice
If a country experiences a real GDP growth rate of 6 percent,real GDP will double in
A) 10 years.
B) 11.67 years.
C) 14 years.
D) 17.5 years.
E) 16.67 years.
Correct Answer:

Verified
Correct Answer:
Verified
Q144: The shape of the productivity curve reflects
Q145: As additional units of labor hours are
Q146: Potential GDP<br>A)is the quantity of GDP produced
Q147: As more labor is hired,moving along the
Q148: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -Using the data
Q150: Labor productivity increases if<br>I.human capital decreases.<br>Ii.technology advances.<br>Iii.quality
Q151: Property rights<br>A)don't include intellectual property.<br>B)don't include financial
Q152: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -The above figure
Q153: If real GDP in year 1 is
Q154: Over the last decade,a country experiences a