Hi,

Would you please help me with the below economic hypothetical case?

The rate of economic growth per capita in country A from 1996 to 2000 was 1.9% per year, while in country B, from 1996 to 2000 was 4.2%. Per capita. The real GDP was $28,900 in country A in 2003 and $12,700 in country B. Let us assume the growth rates for each country have been the same.

Now, Compute;

1. The doubling time for A's per capita real GDP.
2. The doubling time for B's per capita real GDP.

And

3. What will A's per capita real GDP be in 2045?

4. What will B's per capita real GDP be in 2045?

Best Regards