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l[.Jhina to catch up with the United States? Now suppose that we are in 2014. Based on the average growth rates of per capita GDP

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l[.Jhina to catch up with the United States? Now suppose that we are in 2014. Based on the average growth rates of per capita GDP between 1980 and 2014, when would you expect China to catch up with the United States? What aspects of per capita GDP growth in the two countries account for the difference between this forecast and the one reported in the previous item? Finally, this question aims to ascertain whether the spectacular narrowing of the per- capita GDP gap between the United States and China that occurred between 1980 and 2014 is accounted for mostly by an increase in total output growth or by a slowdown in population growth in China relative to the United States. To this end, compute the average growth rates of total GDP and population in the United States and China over the subperiods 1960-1930 and 1980-2014 (these are 8 numbers). Use these gures to produce your

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