Use the Following to Answer Questions

Use the following to answer questions :
Scenario: Growth Rates in Two Countries
India is growing at a rate of 9% per year, and its real GDP per capita is about $3,500, while the United States is growing at a rate of 3% per year, and its real GDP per capita is about $47,000.
-(Scenario: Growth Rates in Two Countries) Look at the scenario Growth Rates in Two Countries. How long will it take India to double its real GDP per capita?

A) 7.8 years
B) 10.2 years
C) 14.6 years
D) 90 years

Correct Answer:

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