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Assume a DVC and an IAC currently have real per capita outputs of $1,000 and $10,000, respectively. If both nations have a 2 percent increase
Assume a DVC and an IAC currently have real per capita outputs of $1,000 and $10,000, respectively. If both nations have a 2 percent increase in their real per capita outputs, by how much will the per capita output gap change?
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