Refer to the figure below and assume that the values for points a, b, and cithe combined value of consumer goods and capital goods) are $20 billion, $40 billion, and $30 billion, respectively. The Macro-economy capltal sands Cmgoods Instructions: Enter your answers as a whole number. a. If the economy moves from point a to point if) over a 5-year period, what must have been its annual rate of economic growth? 9 percent b. If, instead, the economy was at point cat the end of the 5-year period, by what percentage did it fall short of its production capacity? a percent Assume that a leader country has real GDP per capita of $80,000, whereas a follower country has real GDP per capita of $40,000. Next suppose that the growth of real GDP per capita falls to zero percent in the leader country and rises to 14 percent in the follower country. If these rates continue for long periods of time, how many years will it take for the follower country to catch up to the living standard of the leader country? Instructions: Enter your answer as a whole number. 14 years