A Growth at a rate of 2.5% may seem slow but this means a country GDP will double within 28 years. 100 (1+0.025)^28 = 200 if the growth rate is 3% then the economy will double its production within 24 years….I don’t understand this or how I actually would go about calculating the economic growth rate? Also, Do economies converge??Thank you!!
https://webpala.com/wp-content/uploads/2021/03/logo.png 0 0 developer https://webpala.com/wp-content/uploads/2021/03/logo.png developer2023-01-14 03:30:502023-01-14 03:30:50A Growth at a rate of 2.5% may seem slow but this means a country GDP will double within 28 years. 100 (1+0.
The services provided by webpala.com are meant to assist the buyer by providing a guideline. The products provided through our services are intended to be used for research or study purposes.
+1 (205) 286-5157