If GDP is $15 trillion, how many years will it take for GDP to increase to $30 trillion if annual growth is 2 percent? Instructions: Enter your answer as a whole number. years

In 2004, the GDP of UK was $8200. Suppose that UK has a growth rate of 1.8%. a. What is Britain's GDP after 8 years? b. What is Britain's GDP after 20 years?

Calculate the average annual growth rate using the information in the table below. Round to two decimal places.  Year Growth rate  2017         3.2%  2018        2.7%  2019        0.5%  2020        1.8%

Why is real GDP a better measure of economic growth than nominal GDP?

5. The real GDP per person in Brazil was $828 in 1900 and $15,590 in 2014. What was the average annual growth in real GDP per person? Use logs. Show your work.

In 2018, India was the world’s seventh largest economy, with a $2.69 trillion GDP (as measured in U.S. dollars). India was also one of the world’s fastest-growing economies, with an annual growth rate of real GDP of 7.3%. a. If the country maintains the same growth rate, how many years will it take for India’s GDP to double? b. Bangladesh’s GDP was $286.27 billion, but its growth rate was equal to India’s. How many years will it take for Bangladesh’s economy to double? c. Although Bangladesh and India have the same annual growth rate, their economies are much different in size. How can you explain the size difference to someone who is unfamiliar with scaling large numbers? Which strategies would you use?

if a nation real gdp is growing by 3.5 percent per year , its real GDP will double in aproxiately  1. 41.1 years 2, 20.6 years 3, 10.3 years 4, 72 years

Assume GDP of a (tiny) country at time zero is equal to $105.00105.00. Calculate GDP 11 years11 years later if the annual growth rate of GDP is 6 percent6 percent. Round to two places after the decimal.

At an annual growth rate of 2% it will take approximately years for a country's GDP to double. Over the next 70 years, how many times will GDP double, assuming the growth rate does not change? If GDP starts at a value of $10 million, then in 70 years the value of GDP will be $ million. In 70 years the value of GDP will be times larger than it is today.

If an economy's GDP will double in 15 years, then its growth rate must be about:    7%            15%            10%            4.7%