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Assume that both Japan’s and the United States’ average annual per capita GDP growth rates are...

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.

2.69 times richer
b.

4,555 times richer
c.

0.37 times poorer
d.

99 times richer
e.

0.269 times poorer
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