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Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399 Exercise 16
China ' s output grew at an amazing rate of 10 percent per year from 2000 tO2 008. At that rate how long will it take for China ' s GDP to double? (See Table 15.1.) With its population increasing at 0.6 percent per year, how long will it take for per capita GDP to double?
Explanation
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Verified
Given: China's GDP grew at the rate of
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Essentials of Economics 8th Edition by Bradley Schiller
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