Question

Table: Growth Rates and Real GDP per Capita Real GDP per capita Economic growth rate Country A $8,000 7% Country B $10,000 6% Country C $12,000 3% Country D $23,000 2% Which country will reach a real GDP per capita of $80,000 the most quickly if the growth rates in the table are maintained? O country D country A country B country C

          Table: Growth Rates and Real GDP per Capita

Real GDP per capita
Economic growth rate

Country A
$8,000
7%

Country B
$10,000
6%

Country C
$12,000
3%

Country D
$23,000
2%

Which country will reach a real GDP per capita of $80,000 the most quickly if the growth rates in the table are maintained?
O country D
country A
country B
country C

Table: Growth Rates and Real GDP per Capita

Real GDP per capita
Economic growth rate

Country A
8,000
7%

Country B10,000
6%

Country C
12,000
3%

Country D23,000
2%

Which country will reach a real GDP per capita of 80,000 the most quickly if the growth rates in the table are maintained?
O country D
country A
country B
country C

Added by Heather J.

Principles of Economics

Gregory Mankiw 8th Edition

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Table: Growth Rates and Real GDP per Capita Country A Country B Country C $12,000 3% $8,000 Economic growth rate 7% $10,000 $23,000 2% |6% Which country will reach a real GDP per capita of $80,000 the most quickly if the growth rates in the table are maintained? A. Country D B. Country A C. Country B D. Country C