Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch

Exercise 17

In Nation A, GDP per capita is $21,000 and is growing annually at a rate of 1.4 percent. The average citizen in Nation A lives for 51 years, and this figure is growing at 6 percent per year. Additionally, the average person in Nation A has 9 years of education, growing annually at 5.1 percent, and 60 percent of Nation A's population is currently literate, growing at a rate of 2 percent.
In Nation B, GDP per capita is $40,000 and is growing annually at a rate of 0.8 percent. The average citizen in Nation B lives for 68 years, and this value is growing at 2 percent per year. The average person in Nation B has 10.5 years of education, increasing 2 percent annually, while 78 percent of its population is literate, a figure growing at 0.5 percent annually.
Which nation is experiencing more economic growth? Which is wealthier? Which currently has more capabilities for its citizens? And which is experiencing more economic development?