Question: DO NOT EXPLAIN JUST CHOOSE A, B, C, OR D Suppose a nation has a GDP per capita of $50,000. If the GDP per capita

DO NOT EXPLAIN JUST CHOOSE A, B, C, OR D

Suppose a nation has a GDP per capita of $50,000. If the GDP per capita is growing at 7% a year how long will it take before GDP per capita reaches $200,000?

Select one:

a.

40 years

b.

20 years

c.

10 years

d.

15 years

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