Multiple Choice
Real GDP per person in both Alpha and Omega is equal to $2,000. Over the next 100 years, real GDP per person grows at a 1 percent annual rate in Alpha and at a 2 percent annual rate in Omega. After 100 years, real GDP per person in Alpha is ________ smaller than real GDP per person in Omega.
A) $2,000
B) $5,410
C) $9,080
D) $11,080
Correct Answer:
Verified
Correct Answer:
Verified
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