If real GDP is growing at 3 percent a year, how long will it take for (a)
Question:
If real GDP is growing at 3 percent a year, how long will it take for
(a) Real GDP to double? L01
(b) Real GDP per capita to double if the popula- tion is increasing each year by i. O percent? ii. 1 percent? iii. 2 percent? L01
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