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Suppose for the country of Kalie-land, the CPI increases by 0.5% per year, the population growth is 8% per year while GDP increases by 5%
Suppose for the country of Kalie-land, the CPI increases by 0.5% per year, the population growth is 8% per year while GDP increases by 5% per year. How long would it take for the country to double its GDP? How long would it take Kalie-land to double its GDP per capita? For Kalie-land, how long would it take for prices to double?
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