Over the next 100 years, real GDP per capita in Groland is expected to grow at an average annual rate of 2.0%. In Sloland, however, growth is expected to be somewhat slower, at an average annual growth rate of 1.5%. If both countries have a real GDP per capita today of $20,000, how will their real GDP per capita differ in 100 years? Round all answers to two places after the decimal point. Groland's real per capita GDP will be $ in 100 years. Sloland's real per capita GDP will be $ in 100 years. In 100 years, Sloland's real per capita GDP will be % of Groland's.

Groland's real per capita GDP will be $40,000.00  in 100 years.

Sloland's real per capita GDP will be $30,000.00 in 100 years

In 100 years, Sloland's real per capita GDP will be 75.00% of Groland's

Explanation:

Groland GDP per capita in 10 years at an average annual rate of 2.0% = 20% × 100 × $20,000 = $40,000

Sloland GDP per capita in 100 years at an average annual rate of 1.5% = 1.5% × 100 × $20,000 = $30,000

Difference in GDP per capita of Groland and Sloland = $40,000 ­ $30,000 = $10,000

Since we now know the real per capita GDP of Groland and Sloland, which are $40,000 and $30,000 respectively, Sloland’s real per capita GDP % of Groland’s per capita GDP = 30,000/40,000 × 100 = 75%

Sloland’s real per capita GDP is 75% of Groland’s.

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!