In the year 2020, Alpha has a real GDP of $80 billion and Omega has a real GDP of $10 billion. If Alpha has a growth rate of 2% and Omega has a growth rate of 4%, in what year will Omega catch up to Alpha?

The following are GDP figures for Country A Year GDP (bn) 2022 $212 2021 $200 If Country A maintains the same growth rate, how long will it take for GDP to reach $424bn?

Suppose the GDP deflator was 110 in 2017 and 115 in 2018. If nominal GDP is $100 billion in 2001 and $110 billion in 2002, then the growth rate of real GDP in 2018 is equal to

If per capita GDP in 2018 was $900, in 2019 was $1,000, and in 2020 was $1,200, the growth rate of per capita GDP between 2018 and 2020 wasQuestion 10Answer

If a country's real GDP grows at 5% per year, how long will it take the real GDP to double?Group of answer choices10 years14 years20 years25 years

Suppose that real GDP per capita in Italy is $32,000. If real GDP per capita is growing at a rate of 2.5% per year, how many years will it take for real GDP per capita to reach $64,000? Instructions: Round your answer to 1 decimal place.  years