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1.Use the Rule of 70 to solve: a.if a country's current growth rate of real GDP per person was 5% a year, how long would

1.Use the Rule of 70 to solve:

a.if a country's current growth rate of real GDP per person was 5% a year, how long would it take the country's real GDP per person to double?

b.if it take the country's real GDP per person to double in 8.75 years, what is the current growth rate of real GDP per person?

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