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Assume India's Income Level Is Now Roughly 5% of That

Question 13

Multiple Choice

Assume India's income level is now roughly 5% of that of the United States.Assuming there is no change in the savings rates and the levels of technology of these two countries, how many years will it take for India to reach 10% of the U.S.'s income level?


A) 10
B) 20
C) 25
D) 35
E) 50

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