How many years it will take for countries a and b to c

Reference no: EM133336979

Question: Suppose the initial real per capita GDP of countries A, B and C are respectively 20, 20 and 40 thousand dollars. If their annual growth rates are respectively 3.6%, 5.6% and 1%, how many years it will take for countries A and B to converge to country C? Round your answer to the nearest first decimal.

Reference no: EM133336979

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