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5. ( 7 marks ) a) Given the expected population changes, do you think China or India will have the greater economic growth rate? Why?

5.

(7 marks)

a) Given the expected population changes, do you think China or India will have the greater economic growth rate? Why?

b) Would China's growth rate remain at 9 percent a year without restriction on its population growth rate? Why

c) India's population growth rate is 1.6 percent a year, and in 2005 its economic growth rate was 8 percent a year. China's population growth rate is 0.6 percent a year, and in 2005 its economics growth rate was 9 percent a year. In what year will real GDP per person double in each country?

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