GDP in country A is currently twice that of country B,and A also has 1.5 times the population of B. However,A's GDP grows by 2% per year,and its population grows by 1% per year. B's GDP grows by 5% per year,and its population grows by 6% per year. Which of the following is true?
A) A has less GDP per capita than B
B) At some time in the future, A and B will have the same GDP per capita
C) A will always have more GDP than B
D) A will always have more population than B
E) GDP per capita is declining in B
Correct Answer:
Verified
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