N2

In FRED, get data on the levels of real GDP per capita for both the United States and China for the most recent year such data are available for both countries. By what percentage does real GDP per capita in the United States exceed real GDP per capita in China? Next, calculate and report the average growth rate of real GDP per capita for the past 25 years for both countries. Which country is growing faster? If these growth rates for the past 25 years were to continue into the future, how many years will it be before China's real GDP per capita exceeds U.S. real GDP per capita?