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Question   Consider two countries with the same level of potential GDP, say $100 BILLION, Today. Suppose...

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Consider two countries with the same level of potential GDP, say $100 BILLION, Today. Suppose potential GDP Grows at an annual rate of 4.3% in Country One and 5.3% in Country Two ..Based on this information: Note : The growth rates will compound to determine real GDP. Keep as much prescision as possible during your calculations. Your Final answer should be accurate to at least 4 decimal places..

A) What is the potential GCP be of each country in 10 years from now? ($in billion)

Potential GDP in Country One =

Potential GDP in Country Two=

B) What will be the potential GDP of each country 20 years from now? ($in Billion)

Potential GDP in Country One =

Potential GDP in Country Two=

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