Question

Suppose that during the next $10$years, real GDP triples and population doubles in each of the nations in Problem $9-4.$What will per capita real GDP be in each country after $10$years have passed?

Short answer

Capita real GDP be in each country after ten years have passed is,

Step-by-step solution

Table for population and real GDP of three countries 

The population and real GDP of three countries are shown in the table below.

Real GDP 

If each country's real GDP triples while its population doubles over the following ten years, the real GDP per capita will be determined as follows:

$\mathrm{RealGDP}(\$\mathrm{percapita})=\frac{\text{Real GDP}}{\text{Population}}$