Which of the following statements is correct?
A) In the late 1800s,real GDP per person was higher in the United Kingdom than in the United States.
B) In 2014,real GDP per person was higher in the United Kingdom than in the United States.
C) The average annual growth rate of real GDP was higher in the United Kingdom than in the United States between the late 1800s and 2014.
D) All of the above are correct.
Correct Answer:
Verified
Q1: Which of the following is correct?
A)Countries with
Q2: Country A experienced a growth rate of
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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