Question

Which of the following countries will be better off in the long​ run?

Answer 1

Answer:

C. Country C with ​$40 comma 000 annual GDP per capita and a 1 percent annual growth rate.

Explanation:

Eventhough the country D has a larger GDP per capita it is only growing at a .1 percent rate, in the next 40 years both have had grown 4% and 40% respectevilly and that growth will be exponential since the growth is added with the previous growth, so in the long run Country C will have a much larger and quickier growth than Country D.