Consider a country that is growing at a (continuously compounded) annual rate of 8% in terms of real GDP per capita. in 35 years, its real GDP per capita will be times its initial value. Select one: OA 8 О В. 16 ос 32 O D. 64

Consider a country that is growing at a (continuously compounded) annual rate of 8% in terms of real GDP per capita. in 35 years, its real GDP per capita will be times its initial value. Select one: OA 8 О В. 16 ос 32 O D. 64

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 12SCQ: Why dues productivity growth in high-income economies not slow down as it runs into diminishing...

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Pls help with below homework.

Consider a country that is growing at a (continuously compounded) annual rate of 8% in terms of real GDP per capita.
in 35 years, its real GDP per capita will be _times its initial value.
Select one:
O A 8
ов. 16
OC. 32
O D. 64

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