Over the period 1900-2014, which of the following countries experienced the highest average annual growth rate of real GDP per person?

a. Brazil
b. China
c. India
d. Pakistan


a

Economics

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According to the production possibilities model, if more resources are allocated to the production of physical and human capital, then all of the following are likely to happen except

A) the country's total production will fall. B) future economic growth is enhanced. C) the production possibilities frontier will be shift outward in the future. D) fewer goods will be produced for consumption today.

Economics

Generally, positive externalities result in

A. too much of a good being produced. B. the socially optimal output of a good being produced. C. too little of a good being produced. D. either a or c E. any of the above

Economics

If the money supply is $600 and nominal income is $3,600, the velocity of money is

A) 1/60. B) 1/6. C) 6. D) 60.

Economics

In a takeover, shareholders in the acquiring firm benefit more than shareholders in the acquired firm

Indicate whether the statement is true or false

Economics