Answer the question based on the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year.YearUnits of OutputPrice Per Unit18$22103315441855206If the percentage increase in real GDP from year 3 to year 4 was maintained for an extended period of time, how many years would it take for real GDP to double?
A. 3.5 years.
B. 20 years.
C. 5 years.
D. 1.4 years.
Answer: A
Economics
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