Countries a and B Start Out with Real GDP Equal

question 115

Multiple Choice

Countries A and B start out with real GDP equal to $1,000.If country A grows at a rate of 5% while country B grows at a rate of 10%,what is country B's level of real GDP after 3 years?

• A)$1,000
• B)$1,100
• C)$1,210
• D)$1,300
• E)$1,331

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