Since 1980, both Hong Kong and Singapore have seen significant economic growth, with their real GDP per person increasing substantially. This growth has been so pronounced that their economic metrics are now comparable to or even surpassing those of the United States, reflecting their successful development and economic policies.

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Since 1980

Question 45

Multiple Choice

Since 1980,

A) Japan has experienced faster growth than the United States in every decade.
B) growth rates in Mexico have exceeded those in the United States.
C) real GDP per person in Hong Kong and Singapore have grown and are approaching or surpassing that in the United States.
D) real GDP per person in China has grown rapidly and is now about 50 percent of that in the United States.

Correct Answer: