If the real GDP in Afghanistan grew at an annual rate of 1.5 percent and the country's population grew at an annual rate of 2.5 percent,how long would it take for GDP per capita to double?
A)Approximately 36 years.
B)Approximately 14 years.
C)Approximately 72 years because real GDP is growing at a very low rate.
D)It will never double because population is increasing more rapidly than real GDP.

Question

Quizplus · Accepted Answer

Since the population is growing faster than the real GDP, GDP per capita is actually decreasing, not increasing. Therefore, it will never double under these conditions.

If the Real GDP in Afghanistan Grew at an Annual