The ratio of Country 4’s GDP to Country 5’s GDP in 2026 will be closest to
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Explanatory Answer
Country GDP GDP per capita GDP growth rate Population growth rate Country 1 0.15x 0.41y 0.20% -0.12% Country 2 0.14x 0.25y 0.90% -0.41% Country 3 0.13x 0.02y 6.50% 0.70% Country 4 0.12x 0.38y 0.50% 0.49% Country 5 0.10x 0.36y 0.70% 0.31% Country 6 0.08x 0.08y 3.20% 0.61% Country 7 0.08x 0.30y 0.70% -0.11% Country 8 0.07x 0.41y 1.20% 0.71% Country 9 x Country 10 y
The question is "The ratio of Country 4's GDP to Country 5's GDP in 2026 will be closest to"
Answer: The GDP growth rates, and population growth rates of the countries will remain constant for the next three years.
Country 4’s GDP in 2026 = 0.12x * (1.005) * (1.005) = 0.1212x
Country 5’s GDP in 2026 = 0.10x * (1.007) * (1.007) = 0.1014x
The ratio of Country 4's GDP to Country 5's GDP in 2026 = 1.195.
Hence, the answer is '1.195'
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