In 2017, the GDP of Canada was $8800. Suppose that Canada has a growth rate of 3.2%. a. What is Canada's GDP after 5 years? b. What is Canada's GDP after 17 years?
In 2017, the GDP of Canada was $8800. Suppose that Canada has a growth rate of 3.2%. a. What is Canada's GDP after 5 years? b. What is Canada's GDP after 17 years?
Chapter16: Economic Growth
Section: Chapter Questions
Problem 11E
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In 2017, the
a. What is Canada's GDP after 5 years?
b. What is Canada's GDP after 17 years?
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