16^1/2 x 10^-2 give answer in a fraction in simplest form
1 answer:
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Answer:
D. It will increase by 1%.
Step-by-step explanation:
Given
--- initial rate
--- final rate
Required
The effect on the GDP
To calculate this, we make use of:
This gives:
<em>This implies that the GDP will increase by 1%</em>