6. Suppose the economy of Singapore, whose GDP amounts to S$500 trillion (Singapore dollars), is hit by

Question:

6. Suppose the economy of Singapore, whose GDP amounts to S$500 trillion (Singapore dollars), is hit by (other things being equal) micro shocks of +1%,

+1%, and - 1%, respectively, in the first, second, and third year of a three-year cycle that persists for 51 years. By how much will the GDP have risen at the end of 51years?

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