Refer to the above table. Two countries have per capita real GDPs in 2015 of $5000. If country A has a 4 percent growth rate and Country B a 5 percent growth rate, what will the per capita real GDPs of each be in the year 2065?

A. A: $15,000; B: $30,000
B. A: $40,000; B: $60,000
C. A: $35,550; B: $57,500
D. A: $24,000; B: $35,200


Answer: C

Economics

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