If It Took 20 Years for Real GDP to Double,what

question 120

Multiple Choice

If it took 20 years for real GDP to double,what was the growth rate of real GDP?

• A)4.5 percent
• B)3.0 percent
• C)3.5 percent
• D)4 percent
• E)5 percent

---

Definitions:

Compliance

The act of conforming to or following rules, standards, or laws.

Mission And Objectives

The fundamental purpose and goals that guide an organization or individual's actions and decisions.

Business Plan

An all-encompassing document outlining a business's mission, organization, goals, and activities.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.