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Ashurbanipal Ashurbanipal
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A year ago
GDP per capita in Australia is $50,000. If Australian GDP per capita grows 6 percent per year for 2 years, which formula shows its GDP per capita after 2 years?

▸ $50,000 × 1.06 × 1.06

▸ $50,000 × 1.06 × 1.12

▸ $50,000 × 1.06

▸ $50,000 × 1.12
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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CrazyW27CrazyW27
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A year ago
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Ashurbanipal Author
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Brilliant
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this is exactly what I needed
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Thanks for your help!!
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