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rbowen87 rbowen87
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Recall that prior to the 19th century, incomes per capita were probably somewhere close to $500. Imagine that it is the year 0 C.E. If incomes per capita had been $500 back then, and there had been sustained growth of just 0.3% per year since then, what would average incomes be today in 2020?

▸ ~$50,000

▸ ~$1,000

▸ ~$5,000

▸ ~$212,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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adandaroozaadandarooza
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2 years ago
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