If we compare the U.S. GDP and the Chinese GDP
A) real GDP per person is about the same in the two countries.
B) U.S. real GDP per person is less than China's real GDP per person once we adjust for currency differences.
C) China's real GDP per person is less than real GDP per person in the United States.
D) real U.S. GDP per person was much larger than China's real GDP per person when purchasing power parity prices are used but is less than China's real GDP per person when exchange rate prices are used.

Question

Quizplus · Accepted Answer

China's real GDP per person is significantly lower than that of the United States. This is because, despite China's large total GDP, its per capita GDP is reduced by its large population size.

If We Compare the U