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Country a and Country B Had the Same Real GDP

Question 268

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Country A and country B had the same real GDP per capita in 2000. However, country A's real GDP per capita had doubled by 2010, but it took until 2050 for country B's real GDP per capita to double. Use the Rule of 70 to explain this discrepancy.

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The Rule of 70 states that the number of...

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