If an economy is growing at a rate of 2.3% per year, how long will it take the economy to double in size?
A) 60 years
B) 43 years
C) 36 years
D) 30 years
Correct Answer:
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Q12: If GDP grows at a rate of
Q13: 'Labour productivity' is the quantity of:
A)output that
Q14: Which of the following describes the growth
Q15: Over the past 100 years, economic growth
Q16: 'Long-term economic growth' is a term used
Q18: 'Labour productivity' will increase if the _
Q19: Suppose that real GDP for 2017 was
Q20: The 'rule of 70' states that:
A)it takes
Q21: Outline the trend in real GDP per
Q22: What are financial securities that represent partial
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