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Q2: Country A has a per capita income of $ per year and Country B has a per capita income of $ per year. Assume

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Q2: Country A has a per capita income of $ per year and Country B has a per capita income of $ per year. Assume Country A's per capita income grows at a rate of 5% per year and Country B's per capita income grows at a rate of 2% per year. a. How many times larger is Country B's income per capita today? b. In 70 years, find the per capita income in each country. Use the rule of 70 . Country A Country B c. How many times larger will Country B's income per capita be in 70 years? d. In 70 years, find the per capita income in each country. Do Not Use the rule of 70 . Country A Country B e. How many times larger will Country B's income per capita be in 70 years? f. In how many years will the per capita income of the two countries be equal if both continue to grow at the given annual rates? years Set up the equation: Under what circumstances can a poor country catch up to a rich country

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