Softball1397 Softball1397

10-01-2020
Business

contestada

If the economy grows at 10 percent from year 1 to year 2 and real GDP is 300 in year 1, what will real GDP be in year 2?

Respuesta :

ewomazinoade ewomazinoade

10-01-2020

Answer:

330

Explanation:

Real GDP in year 2 = real GDP in year 1 × (1+ growth rate)

= 300 × (1.1) = 330

I hope my answer helps you.

Answer Link

Otras preguntas

How to divid mix numbers

9. An object with mass M is subjected to a force of 100 newtons and accelerates at rate A. How much force would be needed to make mass M accelerate at rate 4A?

74. At the gym suppose that 10% of adults belong to health clubs, and 40% of these health club members go to the club at least twice a week. What percent of all

Energy used by the body to perform muscular contractions is called adenosine diphosphate, or adp. a. True b. False

← learnx-svck12.com/learnx-svc/getindex/token/639234398586bce-43b-4b0508_ac05c21e-7401-4828-b876-431d72-9c284/pa10 Newrow Support Class Connect O LogMein123 Mic

Discuss the positive or negative impacts of globalization on the developing countries in general and Ethiopia in particular by looking at their impact on the ec

Michelle's robotics club plans to sell reusable water bottles with their logo as a fundraiser. They buy 75 water bottles for $443.25. They agree 25% more than t

you are a public health official investigating an outbreak of salmonella. to detect current cases you choose to examine patients blood for the ____________ anti

An object rolls without slipping onto a surface where the coefficient of friction between object and surface is twice as great as that needed to prevent slippin

dentify each responsibility center as a cost center, a revenue center, a profit center, or an investment center a. Baskin-Robbins is a subsidiary of Dunkin' Bra