Business, 02.09.2019 23:10 berica029

Consider two scenarios for a nation's economic growth. scenario a has real gdp growing at an average annual rate of 3.5%; scenario b has an average annual growth of 4.5%. the nation's real gdp would double in about:
1. 20 years under scenario a, versus 30 years under scenario b
2. 20 years under scenario a, versus 16 years under scenario b
3. 12 years under scenario a, versus 16 years under scenario b
4. 16 years under scenario a, versus 30 years under scenario b.

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Consider two scenarios for a nation's economic growth. scenario a has real gdp growing at an average...

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