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If Korea's Average Annual Growth Rate Is 9 Percent and That

Question 19

Multiple Choice

If Korea's average annual growth rate is 9 percent and that of the United States is 4 percent, the time required for Korea's real GDP to double will be ____ less than the time required for the GDP of the United States to double.


A) 3 years
B) 6 years
C) 12 years
D) 15 years
E) 10 years

Correct Answer:

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