Question
Let's assume that an average American makes about $63,000 per year and the long-run growth rate is about 3%. How long will it take for
Let's assume that an average American makes about $63,000 per year and the long-run growth rate is about 3%. How long will it take for an average American to start earning about $126,000? Justify your answer
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Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
