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Author Question: Growth Rates and Their EffectsIf real GDP doubles in a 8 year time span, what is the average annual ... (Read 73 times)

Scollins7

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Question 1

Growth Rates and Their Effects

GDP in a small country grew from $15 billion to $36 billion over the span of 5 years. The percent change in GDP was ________ percent over those 5 years. (Round to the nearest tenth.)
◦ 41.7
◦ 240.0
◦ 140.0
◦ 58.3

Question 2

Growth Rates and Their Effects

If real GDP doubles in a 8 year time span, what is the average annual growth rate of real GDP? (Round to the nearest tenth when appropriate.)
◦ 8.0%
◦ 62.0%
◦ 5.6%
◦ 8.8%


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Marked as best answer by Scollins7 on Nov 23, 2022

kuttz

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Scollins7

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it


covalentbond

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Reply 3 on: Yesterday
Excellent

 

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