The IMF projects that Chinas real GDP per person will be 57,163 yuan in 2017 and 60,334
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The IMF projects that China’s real GDP per person will be 57,163 yuan in 2017 and 60,334 yuan in 2018 and that India’s real GDP per person will be 98,028 rupees in 2017 and 104,191 rupees in 2018. By maintaining their current growth rates, which country will be first to double its standard of living and when will that happen?
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For this question we will need to calculate the growth rate for each country first then use that to ...View the full answer
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