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If the economy's real GDP doubles in 9 years, we can rev: 05_30_2018 Multiple Choice not say anything about the average annual rate of growth. conclude that its average annual rate of growth is 8%. conclude that its average annual rate of growth is 12%. conclude that its average annual rate of growth is 4%.

Respuesta :

If the economy's real GDP doubles in 9 years, we can conclude that its average annual rate of growth is 8%.

How can we determine average annual rate of growth?

The rule of 72 can be used to determine when the real GDP of an economy would double. In order to determine the doubling time, divide 72 by average annual rate of growth.

average annual rate of growth = 72 / average annual rate of growth

72 / 9 = 8%

To learn more about  real GDP, please check: https://brainly.com/question/15225458

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