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

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Definitions:

Equal Chance

A principle whereby each subject or experimental unit in a study has the same probability of being assigned to a particular group or condition.

Archival Research

Research methods involving the use of records or documents of the activities of individuals, groups, or organizations.

Records Or Documents

Stored information or evidence, in physical or digital form, containing data or knowledge.

Random Assignment

A technique for assigning individuals to different groups in an experiment using randomization, to ensure that every participant has an equal chance of being placed in any group.