A country aims to double real GDP per capita in the next 7 years. This means...
A country aims to double real GDP per capita in the next 7 years. This means that on average real GDP per capita must grow at what rate per year? Enter a number rounded to two decimal places such as 2.34. Do not enter a percent sign.
Homework Answers
For a country to double it's GDP per capita, according to rule of 72
=72/number of years (Percent)
= 72/7 = 10.285 percent is the answer to this question
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