Assume That Both Japan's and the United States' Average Annual

Multiple Choice

Assume that both Japan's and the United States' average annual per capita GDP growth rates are 2 percent per year, and both countries began with an initial per capita GDP of $1,000. However, the United States has been growing since 1910 and Japan only since 1960. In 2010, the United States would have been ________ than Japan.

A) 0.37 times poorer
B) 99 times richer
C) 2.69 times richer
D) 4,555 times richer
E) 0.269 times poorer