If the economy's real gdp doubles in 18 years, we can

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Social Studies

Kadence Rivera

25 July, 11:45

If the economy's real gdp doubles in 18 years, we can

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Matteo · Answer 1

If the economy's real gdp doubles in 18 years, we can conclude that its average annual rate of growth is about 4 percent.

This is calculated by taking the arithmetic mean of the growth rate over the time periods in question.