Assume real per capita gdp in west swimsuit is $10,000 while in east quippanova it is $2,500. the annual growth rate in west swimsuit is 2.33%, while in east quippanova it is 7%. how many years will it take for east quippanova to catch up to the real per capita gdp of west swimsuit? choose one:
a. about 10 years
b. about 30 years
c. about 40 years
d. about 120 years
e. east quippanova will never be able to catch up with west swimsuit
Answers: 1
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Assume real per capita gdp in west swimsuit is $10,000 while in east quippanova it is $2,500. the an...
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