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Assume That Both Mexico's and Argentina's Average Annual Per Capita

Question 44

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Assume that both Mexico's and Argentina's average annual per capita GDP growth rates are 3 percent per year,and both countries began with an initial per capita GDP of $1,000.However,Argentina has been growing since 1925 and Mexico only since 1950.In 2000,Mexico's per capita GDP would have been about __________,while Argentina's would have been about __________.


A) $19.42;$12.94
B) $9,179;$4,384
C) $51,500;$77,250
D) $48,544;$72,816
E) $4,384;$9,179

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