# If two countries start with the same real GDP/person and one country grows at 2 percent while the other grows at 4 percent ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: If two countries start with the same real GDP/person and one country grows at 2 percent while the other grows at 4 percent ? Correct Answer: B. the standard of living in the country growing at 4 percent will start to accelerate away from the slower growing country due to compound growth. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# If two countries start with the same real GDP/person and one country grows at 2 percent while the other grows at 4 percent ?

Direct Answer & Quick Reference

The correct option is **B. the standard of living in the country growing at 4 percent will start to accelerate away from the slower growing country due to compound growth**.

A. one country will always have 2 percent more real GDP/person than the other

B. the standard of living in the country growing at 4 percent will start to accelerate away from the slower growing country due to compound growth **(Correct Answer)**

C. the standard of living in the two countries will converge

D. Next year the country growing at 4 percent will have twice the GDP/person as the country growing at 2 percent

✨ Explain with AI

Verified Key: B. the standard of living in the country growing at 4 percent will start to accelerate away from the slower growing country due to compound growth
Solved by 2,981+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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