China's GDP per capita is currently lower than that of Japan.If Japanese GDP per capita grows at 2 percent per year,how fast must Chinese GDP per capita grow to eventually catch up to Japanese GDP per capita?

Question

Quizplus · Accepted Answer

For China's GDP per capita to catch up to Japan's, it must grow at a rate faster than Japan's current growth rate of 2 percent per year. Any growth rate above 2 percent will eventually allow China to catch up, assuming the growth rates remain constant over time.

China's GDP Per Capita Is Currently Lower Than That of Japan.If