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Business, 21.05.2021 01:10 jojokeys

Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year. Real GDP per capita of China is $4,000, and its annual growth rate is 7%. Required:
How long will it take real GDP per capita of the United States to double?

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Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year....
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