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Consider the Following Table for a Hypothetical Economy in Which

Question 11

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Consider the following table for a hypothetical economy in which the initial level of GDP ( Consider the following table for a hypothetical economy in which the initial level of GDP ( ) in all cases is 1000.Assume that real GDP grows according to the equation ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates TABLE 25-1 Note: This question requires a calculator with an exponent function. Refer to Table 25-1.If this economy is growing at an annual rate of 4%,then real GDP in Year 50 will be A) 2000. B) 1268. C) 2255. D) 7107. E) 51 000. ) in all cases is 1000.Assume that real GDP grows according to the equation Consider the following table for a hypothetical economy in which the initial level of GDP ( ) in all cases is 1000.Assume that real GDP grows according to the equation ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates TABLE 25-1 Note: This question requires a calculator with an exponent function. Refer to Table 25-1.If this economy is growing at an annual rate of 4%,then real GDP in Year 50 will be A) 2000. B) 1268. C) 2255. D) 7107. E) 51 000. Consider the following table for a hypothetical economy in which the initial level of GDP ( ) in all cases is 1000.Assume that real GDP grows according to the equation ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates TABLE 25-1 Note: This question requires a calculator with an exponent function. Refer to Table 25-1.If this economy is growing at an annual rate of 4%,then real GDP in Year 50 will be A) 2000. B) 1268. C) 2255. D) 7107. E) 51 000. ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates Consider the following table for a hypothetical economy in which the initial level of GDP ( ) in all cases is 1000.Assume that real GDP grows according to the equation ,where N is the number of years in the future.Numbers are rounded to the nearest whole number. Real GDP with Alternative Growth Rates TABLE 25-1 Note: This question requires a calculator with an exponent function. Refer to Table 25-1.If this economy is growing at an annual rate of 4%,then real GDP in Year 50 will be A) 2000. B) 1268. C) 2255. D) 7107. E) 51 000. TABLE 25-1
Note: This question requires a calculator with an exponent function.
Refer to Table 25-1.If this economy is growing at an annual rate of 4%,then real GDP in Year 50 will be


A) 2000.
B) 1268.
C) 2255.
D) 7107.
E) 51 000.

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