Answer: D Diff: 3

Answer: D
Diff: 3
Topic: 25.1a. The Nature of Economic Growth Skill: Applied
Learning Obj.: 25-2 List four important determinants of growth in potential GDP User1: Table
User2: Quantitative
-Note: This question requires a calculator with an exponent feature.
Refer to Table 25-1. What is real GDP in this economy in Year 20 if the annual growth rate is 1%?

A) 200
B) 1020
C) 1220
D) 6727
E) 20 200