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Consider the Following Table for a Hypothetical Economy in Which

Question 18

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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.What is real GDP in this economy in Year 20 if the annual growth rate is 4%? A) 2191 B) 8000 C) 20 800 D) 80 000 E) 836 683 ) 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.What is real GDP in this economy in Year 20 if the annual growth rate is 4%? A) 2191 B) 8000 C) 20 800 D) 80 000 E) 836 683 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.What is real GDP in this economy in Year 20 if the annual growth rate is 4%? A) 2191 B) 8000 C) 20 800 D) 80 000 E) 836 683 ,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.What is real GDP in this economy in Year 20 if the annual growth rate is 4%? A) 2191 B) 8000 C) 20 800 D) 80 000 E) 836 683 TABLE 25-1
Note: This question requires a calculator with an exponent function.
Refer to Table 25-1.What is real GDP in this economy in Year 20 if the annual growth rate is 4%?


A) 2191
B) 8000
C) 20 800
D) 80 000
E) 836 683

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