20. In year 0, Country A has a real GDP per capita of $1,200. If Country A...

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20. In year 0, Country A has a real GDP per capita of $1,200. If Country A grows at a constant rate of 2% per year and Country A's population remains constant, what is Country A's real GDP per capita by year 20? (Round to the nearest dollar.)

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Macroeconomics Principles Applications And Tools

ISBN: 9780134089034

7th Edition

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

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Posted Date: Feb 22, 2024 05:22 AM

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Image transcription text 22 21.9615 0.6588 4.0606 0.3248 0.4648 35.1371 0./891 16 15.7412 0.4739 2.6706 0.3107 0.4507 35.1685 0.0258 10 9.9197 0.2982 1.4440 0.2890 0.4291 35.2908 0.0166 6 6.6168...
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20. In year 0, Country A has a real GDP per capita of $1,200. If Country A...

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