Problem
Comparing Growth Rates in Different Nations Suppose that two nations currently have exactly the same GDP this year. Country A allocates 10 percent of its resources to producing capital goods, while country B devotes only 6 percent of its resources to this type of production. As a result, country A's production grows at a rate of 2.5 percent per year while country B's rate of growth is only 1.8 percent per year. After five more years, how much larger will country A's GDP be than country B's? Make the amount of production in the first year equal to 100 in both countries.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.