If the Economy's Output and Income Double in 35 Years

question 5

Multiple Choice

If the economy's output and income double in 35 years, we can:

• A)not say anything about the average annual rate of growth.
• B)conclude that its average annual rate of growth is about 5.5 percent.
• C)conclude that its average annual rate of growth is about 2 percent.
• D)conclude that its average annual rate of growth is about 4 percent.