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yulyashka [42]
3 years ago
5

Assume that per capita income is growing at different rates in the following countries: Nepal, 0.7 percent; Kenya, 1.3 percent;

Singapore, 6.9 percent; Egypt, 3.8 percent. How long will it take for each country to double its income per person
Business
1 answer:
Blababa [14]3 years ago
4 0

Answer:

100 years

53.8  years

10.1  years

18.4  years

Explanation:

country to double given its growth rate

Number of year for GDP to double = 70 / growth rate of country

1. 70 / 0.7 = 100

2. 70 / 1.3 = 53.8

3. 70 / 6.9 = 10.1

4. 70 / 3.8 = 18.4

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The aggregate demand curve
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Explanation:

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Answer:

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Answer:

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Net income                                                                     $116

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