Author Question: A country will roughly double its GDP in twenty years if its annual growth rate is: a. 2.5 percent. ... (Read 45 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
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.

Question 2

According to economic analysis, while making a decision, an individual compares the benefits expected from one option with the benefits expected from other options.
 a. True
  b. False
  Indicate whether the statement is true or false



ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

b

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

For a complete list of videos, visit our video library