We Can Calculate How Long a Country Will Take to Double

question 22

Multiple Choice

We can calculate how long a country will take to double its real GDP per capita using:

• A) its average growth rate.
• B) its GDP deflator.
• C) the CPI indexation factor.
• D) the GDP growth estimator.

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Not achieving maximum productivity; wasting or failing to make the best use of time or resources.

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The difference between the cost of a product or service and its selling price, expressed as a percentage of the selling price.