1. Understanding Convergence in a Figure. Suppose the line in Figure 8.2 was upward-sloping. What would that tell us about economic convergence? 2. Growth in Per Capita GDP. The growth rate of real...

1. Understanding Convergence in a Figure. Suppose the line in Figure 8.2 was upward-sloping. What would that tell us about economic convergence?

2. Growth in Per Capita GDP. The growth rate of real GDP per capita equals the growth rate of real GDP minus the growth rate of the population. If the growth rate of the population is 1 percent per year, how fast must real GDP grow for real GDP per capita to double in 14 years?