Explain the processes that will bring the growth of real GDP per person to a stop according to the classical, neoclassical, and new growth theories. In 2014, China’s real GDP is growing at 7 percent a...

Explain the processes that will bring the growth

of real GDP per person to a stop according to the

classical, neoclassical, and new growth theories.

In 2014, China’s real GDP is growing at 7 percent a year and its population is growing at

0.5 percent a year. If these growth rates continue,

in what year will China’s real GDP per person be

twice what it is in 2014?