Apply the Rule of 70 to the data in Figure 13-3 to determine how long it will
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Apply the Rule of 70 to the data in Figure 13-3 to determine how long it will take each of the countries listed there (except Zimbabwe) to double its real GDP per capita. Would India’s real GDP per capita exceed that of the United States in the future if growth rates remain as shown in Figure 13-3? Why or why not?
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Related Book For 
Essentials Of Economics
ISBN: 9781429278508
3rd Edition
Authors: Paul Krugman, Robin Wells, Kathryn Graddy
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