Question
Real GDP per capita in the country of Arcadia grew from about4,592 in 1900 to about 43,864 in2008, which represents an annual growth rate of
Real GDP per capita in the country of Arcadia grew from about4,592 in 1900 to about 43,864 in2008, which represents an annual growth rate of 2.11
percent.
If Arcadia continues to grow at thisrate, calculate the number of years when its real GDP per capita will double.
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Microeconomics
Authors: Roger A. Arnold
12th Edition
1285738306, 978-1285738307
