Which of the following pairs of countries experienced approximately the same rate of growth of real income per person over about the last 120 years?
A)Germany and Japan
B)Indonesia and Bangladesh
C)the United States and Argentina
D)Mexico and Pakistan

Question

Quizplus · Accepted Answer

The United States and Argentina have experienced approximately the same rate of growth of real income per person over about the last 120 years. Both countries have a similar level of economic development, and although their growth trajectories diverged at times, they have overall exhibited similar growth patterns. Germany and Japan are both developed countries with strong economies and substantially higher levels of real income per person than Argentina or the other two countries mentioned. Indonesia and Bangladesh are both developing nations with lower economic growth and income levels than the other countries. Mexico and Pakistan have experienced some economic growth, but their rates of growth have been slower and less sustained than those of the United States and Argentina.

Which of the Following Pairs of Countries Experienced Approximately the Same