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If China’s economy maintains a 7% annual growth rate over the next 20 years, about how large will its economy be in 20 years if its current GDP is $12 trillion?

a) $29 trillion
b) $24 trillion
c) $36 trillion
d) $48 trillion

Sagot :

Answer:

hi it must be d)48 trillion not sure yku can confirm it

Use the rule of 70 by dividing 70 by the annual growth rate

d) $48 trillion