Scenario: Growth Rates of Two Countries Suppose that India is currently growing at a rate of 14% per year and is producing real GDP per capita equal to $7,000, whereas the United States is currently growing at a rate of 5% per year and is producing real GDP per capita equal to $28,000 Reference: Ref 25-02 (Scenario: Growth Rates of Two Countries) How much will India's real GDP per capita be in 20 years? O A $14,000 B. $28,000 O C. $112,000 O D. $56,000 QUESTION 31 Scenario: Closed Economy S = / In a closed economy suppose that GDP(Y) is $12 trillion, Consumption (C) is $8 trillion and government spending (G) is $2 trillion. net Taxes(T) are $0.5 trillion. Reference: Ref 26-01 (Scenario: Closed Economy S = /) How much is investment spending? A $2 trillion O B. $2.5 trillion O C. $3 trillion O D. $3.5 trillion