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

Multiple Choice

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 1940 and Mexico only since 1965. In 2015, 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