IDNLearn.com is committed to providing high-quality answers to your questions. Our experts provide timely and precise responses to help you understand and solve any issue you face.
Sagot :
To calculate how long will it take for the GDP will double:
Years To Double: 72 / Expected Rate of Return
Years To Double: 72 / 22%
Years To Double: 3,3 Years
Explanation:
GDP or also known as Gross domestic product generally can be defined as a monetary measure of the market value of all the final services and goods produced and sold in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator.
The formula of GDP is:
Gross domestic product = gross private investment + private consumption + government spending + government investment + (exports – imports).
Here you can learn more about gross domestic product brainly.com/question/14768180
#SPJ4
Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. IDNLearn.com is your go-to source for dependable answers. Thank you for visiting, and we hope to assist you again.
