At an annual growth rate of 2% it will take approximately years for a country's GDP to double. Over the next 70 years, how many times will GDP double, assuming the growth rate does not change?
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- Assuming UAE’s 2021 economic growth is projected to be 3.5%. How long will it take to double the size of that economy? Show your calculations.The real GDP of the U.S. economy was $19,222.0 billion at the end of 2019. (a) Calculate the real GDP in 5 years time if (1) growth is 3% per year, and (2) growth is 2% per year.If Japan has 4.5% per capita growth in GDP, how many years will it take for the country to triple its per capita GDP? At what growth rate should the country targets if it aimed to double its per capita GDP in 8 years?
- If GDP is expected to increase at a steadyrate of 3% per year, how many yearswould it take for living standards todouble?a. 10b. 20c. 24d. 30A country had real GDP per person of 5800 in 2005 and has had average real GDP growth of 8.4% per year, over the next 15 years. What is real GDP at the end of that period? No ai plsa given theorhetical country currently has a GDP of 50,000. The growth rate is projected to hit 7% annually through the next 15 years. What is the projected GDP in 15 yrs?
- The real GDP of the U.S. economy was $19,222.0 billion at the end of 2019. (a) Calculate the real GDP in 5 years time if (1) growth is 3% per year, and (2) growth is 2% per year. (b) What is the difference in GDP between a growth rate of 2% and one of 3% over those 5 years? (Note: There is a note on compounding growth in the Canvas Module).a. Discuss, Green engineering design as function of Population Growth?b. The population was 9.98 million in 2006 the growth rate is around 2%. Estimate the population of a country in 2021 and 2070? And re-calculate the population if the annual population growth rate is increased about 200%?Based on World Bank data, Philippines real per capita GDP in 2019 was US$3,850. It needs to increase this to at least US$15,000 to attain a high-income country status. By how much should real per capita grown annually if it wants to achieve this status in year a) 2028; b) 2037; c) 2055?
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