At a growth rate of 3% per year, approximately how long will it take an economy that has a real GDP per capita of $10,00

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answerhappygod
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At a growth rate of 3% per year, approximately how long will it take an economy that has a real GDP per capita of $10,00

Post by answerhappygod »

At a growth rate of 3% per year, approximately how long will it
take an economy that has a real GDP per capita of $10,000 per year
to reach a level of $40,000 per year in per capita real output?
What “rule” do you use in answering this question? (This question
is worth 2 points)
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