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Real GDP Per Person in Westland Is $30,000,while Real GDP

Question 36

Multiple Choice

Real GDP per person in Westland is $30,000,while real GDP in Eastland is $10,000.However,Westland's real GDP per person is growing at 1.5% per year and Eastland's is growing at 3% per year.If these growth rates persist indefinitely,then


A) Westland's real GDP per person will decline until it equals Eastland's.
B) Westland's real GDP per person will always be greater than Eastland's.
C) Eastland's real GDP per person will always be less than Westland's.
D) Eastland's real GDP per person will eventually be greater than Westland's.
E) Eastland's real GDP per person will catch up to Westland's,but never exceed Westland's.

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