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Based on 2023 GDP data (see below table), assuming the GDP growth rate stays the same for both the US (3%) and China (6%), how many years does it take for the GDP of China to surpass that of the US? Rank Name GDP 1 2 United States $20.89 Trillion $14.86 Trillion China

Based on 2023 GDP data (see below table), assuming the GDP growth rate stays the same for both the US (3%) and China (6%), how many years does it take for the GDP of China to surpass that of the US? Rank Name GDP 1 2 United States $20.89 Trillion $14.86 Trillion China

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Based on 2023 GDP data (see below table), assuming the GDP growth rate stays the same for both the US (3%) and China (6%), how many years does it take for the GDP of China to surpass that of the US? Rank Name GDP 1 2 United States $20.89 Trillion China. $14.86 Trillion
Transcribed Image Text:Based on 2023 GDP data (see below table), assuming the GDP growth rate stays the same for both the US (3%) and China (6%), how many years does it take for the GDP of China to surpass that of the US? Rank Name GDP 1 2 United States $20.89 Trillion China. $14.86 Trillion
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