The Harrod-Domar model: - Brown University
2) If the average growth rate over the fifty year period 1996 through 2046 equals 2.00%, then India’s GDP per capita in 2046 can be expressed as: , where Y2046 represents real GDP per capita in 2046, Y1996 represents real GDP per capita in 1996, and g represents the average annual growth rate. ................
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