Compute the doubling time for france per capita real gdp

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The rate of economic growth per capita in France from 1996 to 2000 was 1.9% per year, while in Korea over the same period it was 4.2%. Per capita real GDP was $28,900 in France in 2003 and $12,700 in Korea. Assume the growth rates for each country remain the same.

-Compute the doubling time for France's per capita real GDP.

-Compute the doubling time for Korea's per capita real GDP.

-What will France's per capita real GDP be in 2045?

-What will Korea's per capita real GDP be in 2045?

Reference no: EM132527307

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