Suppose that every $500 billion of dead capital reduces the average rate of growth in worldwide per

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Suppose that every $500 billion of dead capital reduces the average rate of growth in worldwide per capita real GDP by 0.1 percentage point. If there is $10 trillion in dead capital in the world, by how many percentage points does the existence of dead capital reduce average worldwide growth of per capita real GDP?
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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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