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  • 26-01-2017
  • Social Studies
Answered

If the economy's real gdp doubles in 18 years, we can

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Greenleafable
Greenleafable Greenleafable
  • 02-02-2017

If the economy's real gdp doubles in 18 years, we can conclude that its average annual rate of growth is about 4 percent.
This is calculated by taking the arithmetic mean of the growth rate over the time periods in question.

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