If the current real GDP growth rate and population growth rate are maintained, real GDP per person will double in approximately ____ yearsanswer with a whole number The table gives data on an economy's real GDP and population in 2019 and2020.Year20192020Real GDP(billions ofdollars)1,8001,962Population(millions)15.015.3Use this data to calculate the number of years it will take for real GDP perperson to double if the current real GDP growth rate and population growthrate are maintained.3 tries leftIf the current real GDP growth rate and population growth rate are maintained,real GDP per person will double in approximately Type years.>>> Answer with a whole number

Rise in the production of goods and services on the sustainable basis is known as economic growth.…

Answered: If the current real GDP growth rate and…

If the current real GDP growth rate and population growth rate are maintained, real GDP per person will double in approximately ____ years answer with a whole number

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 2P

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Question

If the current real GDP growth rate and population growth rate are maintained, real GDP per person will double in approximately ____ years

answer with a whole number

The table gives data on an economy's real GDP and population in 2019 and
2020.
Year
2019
2020
Real GDP
(billions of
dollars)
1,800
1,962
Population
(millions)
15.0
15.3
Use this data to calculate the number of years it will take for real GDP per
person to double if the current real GDP growth rate and population growth
rate are maintained.
3 tries left
If the current real GDP growth rate and population growth rate are maintained,
real GDP per person will double in approximately Type years.
>>> Answer with a whole number

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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