Multiple Choice

-Refer to the above table. Suppose one country has a per capita real GDP of $1000 and another has a per capita real GDP of $10,000, or ten times larger. If both countries have a growth rate of 5 percent, how much larger will per capita real GDP be in the second country be than the first after 50 years?
A) 4 times larger
B) 5 times larger
C) 8 times larger
D) 10 times larger
Correct Answer:

Verified
Correct Answer:
Verified
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