
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 28
If in 2012 China's real GDP is growing at 9 percent a year, its population is growing at 1 percent a year, and these growth rates continue, in what year will China's real GDP per person be twice what it is in 2012?
Explanation
We have to consider the Rule of 70, whic...
Macroeconomics 11th Edition by Michael Parkin
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255