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Suppose that real gdp per capita of the united states

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Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year. Real GDP per capita of China is $4,000, and its annual growth rate is 7%. Look at the scenario Growth Rates. According to the rule of 70, how large will China's real GDP per capita be in 20 years?

Reference no: EM131284274

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