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If the GDP of a country is $1 trillion and it grows by 5% in a year, what will b

Practice Questions

Q1
If the GDP of a country is $1 trillion and it grows by 5% in a year, what will be the GDP at the end of the year?
  1. $1.05 trillion
  2. $1.1 trillion
  3. $1.2 trillion
  4. $1.15 trillion

Questions & Step-by-Step Solutions

If the GDP of a country is $1 trillion and it grows by 5% in a year, what will be the GDP at the end of the year?
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