5. Over the next year annual rate of 2.0%. In Sloland, however, growth is expected to be somewhat slower, at an average annual growth rate of 1.5%. If both countries have a real GDP per capita today of $20,000, how will their real GDP per capita differ in 100 years? Round all answers to wo places after the decimal point. Groland's real per capita GDP will be $ in 100 years. Sloland's real per capita GDP will be $ in 100 years. In 100 years, Sloland's real per capita GDP will be 61.18 % of Groland's.

5. Over the next year annual rate of 2.0%. In Sloland, however, growth is expected to be somewhat slower, at an average annual growth rate of 1.5%. If both countries have a real GDP per capita today of $20,000, how will their real GDP per capita differ in 100 years? Round all answers to wo places after the decimal point. Groland's real per capita GDP will be $ in 100 years. Sloland's real per capita GDP will be $ in 100 years. In 100 years, Sloland's real per capita GDP will be 61.18 % of Groland's.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 2P

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Similar questions

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