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The World Bank projects that the world's population will increase from 7 billion today to 8...

The World Bank projects that the world's population will increase from 7 billion today to 8 billion in 2025. World output today is roughly $80 trillion. a. What is global per capita income today? $11,429 b. What will per capita income be in 2025 if the world's economy doesn't grow? $10,000 c. By what percentage must the world economy grow by 2025 to maintain current living standards?

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