If Real GDP in the United States Is Growing at an Annual

question 195

Multiple Choice

If real GDP in the United States is growing at an annual rate of 3.2% per capita and Bolivia's real GDP per capita is growing at a rate of 1.3%,which of the following would we expect in the long run? Assume real GDP per capita in the United States begins at a level above that of real GDP per capita in Bolivia.

• A)Real GDP per capita in the United States will always be 1.9% higher than real GDP per capita in Bolivia.
• B)The difference between the level of real GDP per capita in the United States and real GDP per capita in Bolivia will shrink over time.
• C)The difference between the level of real GDP per capita in the United States and real GDP per capita in Bolivia will increase over time.
• D)The difference between the level of real GDP per capita in the United States and real GDP per capita in Bolivia will always be $1.9 trillion.

---

Definitions:

Extremities

The limbs of the body, specifically the arms and legs.

Restrict Mobility

Measures or practices to limit an individual's physical movement, often for medical or safety reasons.

Scoliosis

Lateral spinal curvature.

Vertebral Rotation

A condition or occurrence where a vertebra rotates around its axis, which may be associated with various spinal disorders.