Question: Two economies, Hare and Tortoise, each start with a real GDP per person of $4,000 in 1950 . Real GDP per person grows 6% per

Two economies, Hare and Tortoise, each start with a real GDP per person of $4,000 in 1950 . Real GDP per person grows 6% per year in Hare and 3% per year in Tortoise. After 70 years, in year 2020, what will be real GDP per person in each economy? GDP per person in Hare in 2020 will be $ (Round your answers to the nearest dollar). GDP per person in Tortoise in 2020 will be $ (Round your answers to the nearest doinar)

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