1 suppose that the gdp of california increases by 14 each, Ask an Expert

Economics

1. Suppose that the GDP of California increases by 14% each year. How long will it take for the GDP of California to double? Round your answer to one digit after the decimal.

____ Years

2. Suppose that the GDP of Oregon today is exactly twice what it was 37 years ago. What was the average annual growth for Oregon over this time period? Round your answer to one digit after the decimal.

____ % each year

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91421481

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