In 1820, Mexico had a higher real GDP per capita than did Japan, but today Japan's real GDP per capita is higher than is Mexico's because Japan's real GDP per capita has grown at _____, and Mexico's real GDP per capita has grown at _____.

Question

Quizplus · Accepted Answer

Japan's real GDP per capita has grown at a faster rate (1.9%) compared to Mexico's (1.3%), leading to Japan surpassing Mexico in terms of real GDP per capita over time.

In 1820, Mexico Had a Higher Real GDP Per Capita