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Question 87

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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. About how much will India's real GDP per capita be in 20 years?


A) $19,600
B) $56,000
C) $14,000
D) $28,000

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