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!!
Any Given Deadline
WEBSITE LIVE CHAT:
WHATSAPP: +1 (205) 286-5157
Online top tutor is a licensed Academic Writing Service created to offer academic help to students from all parts of the world. Our writing services are unique and offer more than just a piece of assignment. We have a pool of extremely qualified and experienced writers who do your assignments with dedication.