Which of the following is an historically accurate description of real per capita growth rates?
A) For the 1820-1913 period, the UK economy experienced negative growth
B) Between 1820 and 1913, Bangladesh grew as rapidly as Japan
C) In 1820 the US had a higher income per head than China, Japan and the UK
D) By 2010 China had overtaken Japan in terms of Income per head
E) Between 1913 and 2002, Japan grew faster than either the US or the UK
Correct Answer:
Verified
Q2: Macroeconomics differs from microeconomics in that
A) microeconomics
Q3: Which of the following is not a
Q4: Which of the following is probably the
Q5: Modern market economies allocate resources primarily through
A)
Q6: Macroeconomics and microeconomics are complementary in that
A)
Q7: The fundamental problem of economics is
A) that
Q8: Which of the following is not a
Q9: From 1965 to 1990,US economic output,adjusted for
Q10: Which of the following is not a
Q11: Suppose that everyone in the population of
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