-Refer to the above table. If an economy's current per capita real GDP is $3,000, and if its economy grows at an constant annual rate of 5 percent for 50 years, what will be its per capita real GDP at the end of that period?
A) $13,140
B) $21,330
C) $34,500
D) $55,200

Question

-Refer to the above table. If an economy's current per capita real GDP is $3,000, and if its economy grows at an constant annual rate of 5 percent for 50 years, what will be its per capita real GDP at the end of that period?
A) $13,140 
B) $21,330 
C) $34,500 
D) $55,200

Quizplus · Accepted Answer

The Answer of 
-Refer to the above table. If an economy's current per capita real GDP is $3,000, and if its economy grows at an constant annual rate of 5 percent for 50 years, what will be its per capita real GDP at the end of that period?
A) $13,140 
B) $21,330 
C) $34,500 
D) $55,200

-Refer to the Above Table