Real GDP per person in Northland is $30,000, while real GDP in Southland is $10,000, However, Northland's real GDP per person is growing at 1 percent per year, and Southland's real GDP per person is growing at 3 percent per year. If these growth rates persist indefinitely, then:
A. Northland's real GDP per person will decline until it equals Southland's.
B. Southland's real GDP per person will always be exactly 2 percent less than Northland's.
C. Southland's real GDP per person will eventually be greater than Northland's.
D. Northland's real GDP per person will always be between 1 and 2 percent greater than Southland's.
Answer: C
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