The largest expenditure component of U.S. GDP is:

Discuss some of the factors that lead infant manufactured goods industries to become more efficient over time, and some of the factors that might lead them to fail to do so

What will be an ideal response?

Refer to the information above. If an economy has a real GDP doubling-time of 48 years, this can be reduced to 30 years if annual GDP growth is raised by ________ percentage points

A) 4 B) 2.4 C) 1.6 D) 0.9