Use the Following to Answer Questions

question 251

Multiple Choice

Use the following to answer questions :
Scenario: Growth Rates
Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year. Real GDP per capita of China is $4,000, and its annual growth rate is 7%.
-(Scenario: Growth Rates) Look at the scenario Growth Rates. How many years will it take for China's real GDP per capita to be larger than real GDP per capita in the United States?

• A)70 to 75 years
• B)40 to 45 years
• C)15 to 20 years
• D)5 to 10 years

---

Definitions:

WAN

Wide Area Network (WAN) is a telecommunications network that extends over a large geographic area for the purpose of computer networking.

MAN

Metropolitan Area Network, a large computer network that spans a city or a large campus.

LAN

Local Area Network, a computer network that interconnects computers within a limited area such as a residence, school, or office building.

Bits Per Second

A measure of data transmission speeds in digital networks, quantifying how many bits are transmitted each second.