If a Country Experiences a Real GDP Growth Rate of 6

question 149

Multiple Choice

If a country experiences a real GDP growth rate of 6 percent, real GDP will double in

• A)10 years.
• B)17.5 years.
• C)14 years.
• D)11.67 years.
• E)16.67 years.

---

Definitions:

Norms

Shared standards of acceptable behavior and beliefs within a group or society.

Reliability

Refers to the consistency of a measure or test over time.

Standard Deviations

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from their mean.

Mean

The mathematical average of a set of numbers, calculated by dividing the sum of these numbers by the count of the numbers.