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  • 15-02-2024
  • Business
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Country A is growing at a constant rate of 2 2% per year, while country B is growing at 4% per year. However, the current GDP level in country A is $100 billion and in country B it is $50 billion. How long it will take for country B to catch up with country A? (Hint: use the rule of 70.)
1) 20 years
2) 10 years
3) 40 years
4) 35 years

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