ECO 1RIG - Over the next 100 years real GDP per
Question # 00515203
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Updated on: 04/21/2017 02:43 AM Due on: 04/21/2017
Over the next 100 years real GDP per capita inNeverland is expected to grow at an average annual rate of 2.0%.Gotham (yes, where Batman lives!) is expected to growth at an average annual rate of 1.5%. If both have a real GDP per capita today of $20,000, compare their real GDP per-capita in 100 years. Please show all of your working. If you do not, you will receive zero marks for the question(s).
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Solution: ECO 1RIG - Over the next 100 years real GDP per