GDP in a country grew from $10 billion to $14 billion over the span of 5 years.The percentage change in GDP was
A)4%.
B)7%.
C)10%.
D)40%.

Name: GDP in a country grew from $10 billion to $14 billion over the span of 5 years.The percentage change in GDP was A)4%. B)7%. C)10%. D)40%.
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Question

Quizplus · Accepted Answer

The percentage change in GDP is calculated as ((final GDP - initial GDP) / initial GDP) * 100. So, (($14 billion - $10 billion) / $10 billion) * 100 = 40%.

GDP in a Country Grew from $10 Billion to $14