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35.4 yrs. CALCULATIONS 0 5 10 15 20 25 30 35 40 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 $2,440.38 20 years $1,806.11
35.4 yrs. CALCULATIONS 0 5 10 15 20 25 30 35 40 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 $2,440.38 20 years $1,806.11 $2,427.26 Country-X 30 years --- Country-Y $2,695.70 Instructions: Modify the settings in the interactive tool as needed to answer the questions below. Suppose countries X and Y each produce $2000 of goods and services per year. Country X experiences 1.9% growth per year, while country Y experiences 3.8% growth per year. a) What is Country X's production after 15 years? $ b) What is country Y's production after 15 years? $
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