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Over the next 100 years real GDP per capita in Neverland is expected to grow at an average annual rate of 2. Gotham (yes, where Batman lives!) is...
Over the next 100 years real GDP per capita in Neverland is expected to grow at an average annual rate of 2.0%. Gotham (yes, where Batman lives!) is expected to growth at an average annual rate of 1.5%. If both have a real GDP per capita today of $20,000, compare their real GDP per-capita in 100 years. Please show all of your working. If you do not, you will receive zero marks for the question(s).