Concept explainers
GDP Use the following information to answer Exercises 47–50. The gross domestic product (GDP; in tens of trillions of U.S. dollars) for China and the United States can be approximated as follows:
where
If the trend continues, what is the first full year in which China’s GDP surpasses $25 trillion?
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Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
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