By measuring ___________we can see that the economies of Hong Kong and Singapore are catching up to the economies of North America but that the economies of Central and South America are not.

Question

Quizplus · Accepted Answer

Real GDP per person is the best choice for comparing the economic growth of different countries because it takes into account both economic output and the population size of a country. It allows for a more accurate comparison of how much economic output each person is contributing, rather than just looking at the total output of a country. As a result, we can conclude that Hong Kong and Singapore are catching up to the economies of North America because their real GDP per person is increasing, while the economies of Central and South America are not catching up because their real GDP per person is not increasing at the same pace.

By Measuring ___________We Can See That the Economies of Hong