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Nigeria's average real GDP per capita growth from 1961 to 2019 is 2.4%. Using the Rule of 70, approximately how many years will it take for Norway's real GDP per capita to double? one decimal place.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Nigeria's average real GDP per capita growth from 1961 to 2019 is 2.4%. Using the Rule of 70, approximately how many years will it take for Norway's real GDP per capita to double? one decimal place.

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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