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Two countries start with equal GDPs. The economy of Country

Paper help Economics Two countries start with equal GDPs. The economy of Country

Economics

Two countries start with equal GDPs. The economy of Country

Two countries start with equal GDPs. The economy of Country A grows at an annual rate of 3 percent,… Show more Two countries start with equal GDPs. The economy of Country A grows at an annual rate of 3 percent, whereas the economy of Country B grows at an annual rate of 4 percent. After 25 years, how much larger is Country B’s economy than Country A’s economy? Why is tha naswer not 25 percent? Please read question carefully and anser ALL parts of question completely including any work shown to get to the answer. Thanks. • Show less

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