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Country a and Country B Initially Have the Same Real

Question 60

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Country A and Country B initially have the same real GDP per capita.Country A experiences no economic growth,while Country B grows at a sustained rate of 7 percent.In 12 years,how will Country B's GDP compare to that of Country A's?


A) It will be approximately one-fourth of Country A's.
B) It will be approximately one-half of Country A's.
C) It will be approximately double of Country A's.
D) It will be approximately triple of Country A's.

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