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-Refer to the Above Table

Question 254

Multiple Choice

  -Refer to the above table. Suppose one country has a per capita real GDP of $1000 and another has a per capita real GDP of $10,000, or ten times larger. If both countries have a growth rate of 5 percent, how much larger will per capita real GDP be in the second country be than the first after 50 years? A)  4 times larger B)  5 times larger C)  8 times larger D)  10 times larger
-Refer to the above table. Suppose one country has a per capita real GDP of $1000 and another has a per capita real GDP of $10,000, or ten times larger. If both countries have a growth rate of 5 percent, how much larger will per capita real GDP be in the second country be than the first after 50 years?


A) 4 times larger
B) 5 times larger
C) 8 times larger
D) 10 times larger

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