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1. Real GDP per person in both Zagland and Gaelland equals$2,000. Over the next 100 years real GDP per person grows at 1.5percent annual rate

1. Real GDP per person in both Zagland and Gaelland equals$2,000. Over the next 100 years real GDP per person grows at 1.5percent annual rate in Gaelland and at a 2.5 percent annual rate inZagland. After 100 years real GDP person in Gaelland is ______smaller than real GDP per person in Zagland. *

$2,000

$7,382

$14,763

$24,954

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