Map ???? agLeaning There are two countries in the world, Wallyworld and Vanhausl

Question

Map ???? agLeaning There are two countries in the world, Wallyworld and Vanhausland. Both countries currently have a GDP r capita of 1. Use the information in the table below about growth and productivity to answer the questions hat follow: (Round all numerical answers to two decimal places.) Country Growth rate of GDP per capita Wallyworld 0.090 Vanhausland 0.018 What is GDP per capita in Wallyworld in 21 years? What is GDP per capita in Vanhausland in 21 years? Number Number Number In 21 years, Wallyworld grows how many times more than Vanhausland? times O Previcus GveUp & Vitrv Solution Check Answer 0 Next ??Ex" Hint abou y policy terms of use contact us

Explanation / Answer

GDP per capita in both countries = 1

Wallyworld

GDP per capita after 21 year = 1*(1+0.090)21 = 6.11

Vanhausland

GDP per capita after 21 year = 1*(1+0.018)21 = 1.45

After 21 years, wallyworld is greater than vanhausland = 6.11/1.45 = 4.21 times

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