Business, 24.03.2020 00:32 Loveraeee17

Suppose real GDPs in Hauck and Meran are identical at $10 trillion in 2000. Suppose Hauck's economic growth rate is 2% and Meran's is 4% and the rates remain constant over time. Calculate the percentage difference in their levels of potential output in 2036.

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Suppose real GDPs in Hauck and Meran are identical at $10 trillion in 2000. Suppose Hauck's economic...

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