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18 December, 14:57

Suppose that India is currently growing at a rate of 14% per year and is producing real GDP per capita equal to $7,000, whereas the United States is currently growing at a rate of 5% per year and is producing real GDP per capita equal to $28,000. How long will it take the United States to double its real GDP per capita?

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  1. 18 December, 18:00
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    Answer:8

    Explanation: because
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