Question 1 Over a 20 year period, a country's per capita GNP grows by 80%. Its average annual growth rate is closest to 1% 9% 3% 4%

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 7SCQ: List the areas where government policy can help economic growth.
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Question 1
Over a 20 year period, a country's per capita GNP grows by 80%. Its average annual growth rate is closest
to
1%
9%
3%
4%
Transcribed Image Text:Question 1 Over a 20 year period, a country's per capita GNP grows by 80%. Its average annual growth rate is closest to 1% 9% 3% 4%
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