Econia's per capita GDP is $5,000 and is growing at an annual rate of 7%. Macroland's per capita GDP is $10,000 and is growing at an annual rate of 3.5%. Which country will have a higher per capita GDP in 40 years if they continue growing at these rates, and what will each country's per capita GDP be at that time?

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The Answer of Econia's per capita GDP is $5,000 and is growing at an annual rate of 7%. Macroland's per capita GDP is $10,000 and is growing at an annual rate of 3.5%. Which country will have a higher per capita GDP in 40 years if they continue growing at these rates, and what will each country's per capita GDP be at that time?

Econia's Per Capita GDP Is $5,000 and Is Growing at an Annual