The level of real GDP person
A)differs widely across countries,but the growth rate of real GDP per person is similar across countries.
B)is very similar across countries,but the growth rate of real GDP per person differs widely across countries.
C)and the growth rate of real GDP per person are similar across countries.
D)and the growth rate of real GDP per person vary widely across countries.

Question

Quizplus · Accepted Answer

The level of real GDP per person varies widely across countries as it depends on factors such as natural resources, technology, human capital, and institutions. Additionally, the growth rate of real GDP per person also varies widely across countries due to differences in economic policies, investment, education, and other factors. Therefore, option D is the best choice as it correctly reflects the differences in both level and growth rate of real GDP per person across countries.

The Level of Real GDP Person