According to recent data, Chinas per capita GDP is growing at about 9 percent a year. How
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According to recent data, China’s per capita GDP is growing at about 9 percent a year. How long will it take for China’s per capita GDP to double? If China can grow at 9 percent a year for the next 16 years and at 6 percent a year for the following 24 years, how large will China’s per capita GDP in 40 years be relative to its per capita GDP today?
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Related Book For
Principles Of Macroeconomics
ISBN: 9781453334980
9th Edition
Authors: John B. Taylor, Akila Weerapana
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