Author Question: If GDP is expected to increase at a steady rate of 3 per year, how many years would it take for ... (Read 57 times)

OSWALD · **on:** Jul 1, 2018

If GDP is expected to increase at a steady rate of 3 per year, how many years would it take for living standards to double?
a. 10
b. 20
c. 24
d. 30

Question 2

When deciding what price to charge customers, a firm may choose to charge different prices based on customers'
a. Age
b. Willingness to pay
c. Location
d. All of the above