Use the rule of 70 for A and B:

Use the rule of 70 to answer the following: A.) Georgia's real GDP per capita is $50,000. If it grows at a constant rate of 5% pre year, how long will it take Georgia's GDP to reach $200,000? B.) Moldova's real GDP per capita grew from $25,000 to $50,000 in 10 years. How fast is Moldova's real GDP per capita growing per year? 2. Graph what happens to the market for loanable funds when government spending crowds out private investment. 3. Assuming the assumptions of the income-expenditure model are true. If the MPC is 0.7 and autonomous consumption increase by $250 million, by how much does equilibrium Real GDP increase