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9.15. Based on data in Table 9-1 and the rule of 70, if U.S. per capita real GDP continues to grow at the average rate it has
TABLE 9-1 Per Capita Real GDP Growth Rates in Various Countries Average Annual Rate of Growth of Real Country GDP Per Capita,
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Answer #1

Rule of 70 = Time taken to double = 70/growth rate

= 70/1.5 = 46.67 years is the answer to the question

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