Business, 21.07.2020 19:01 danielmartinez024m

Consider country Z with a GDP level of 210000 and a growth rate of 5% in 2019 (ie calculated at the end of year 2019). The experts predict that the growth of the economy of country Z will gradually slowdown in the coming year. More precisely, they foresee the following growth rate for the future: 2019-2022 (5%), 2022-2025 (3%). a. Assuming that the prediction of the experts listed above are accurate, when in the future will country Z's GDP double compared to the GDP level of 2019??
b. What would country Z's GDP growth rate be from 2025 and so on at 1%. Explain your reasoning carefully

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Consider country Z with a GDP level of 210000 and a growth rate of 5% in 2019 (ie calculated at the...