Which of the following is correct?
A) Countries with the highest growth rates over the last 120 years are the ones that had the highest level of real GDP 120 years ago.
B) Most countries have had little fluctuation around their average growth rates during the past 120 years.
C) The ranking of countries by income changes little over time.
D) Even though Japan had a higher growth rate of real GDP per person than the U.S.over the last 120 years,it's level of real GDP per person is less than that of the U.S.
Correct Answer:
Verified
Q2: Country A experienced a growth rate of
Q3: Which of the following statements is correct?
A)In
Q4: Which of the following measures how the
Q5: Countries that have lower levels of real
Q6: Which of the following is not correct?
A)Across
Q7: A nation's standard of living is best
Q8: Measured in 2014 dollars,real GDP per person
Q9: Country A experienced a growth rate of
Q10: Which of the following countries had the
Q11: The level of real GDP person
A)differs widely
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