The United States has a larger real GDP than China because
A)The U.S.population is smaller but works in capital-intensive jobs.
B)The U.S.population is smaller but works in labor-intensive jobs.
C)The U.S.population is larger but works in capital-intensive jobs.
D)The U.S.population is larger but works in labor-intensive jobs.

Question

Quizplus · Accepted Answer

The United States has a larger real GDP than China primarily because the U.S. population, although smaller, works in more capital-intensive jobs. This means that the U.S. workforce utilizes more machinery, equipment, and technology in production, which leads to higher productivity and, consequently, a larger GDP.

The United States Has a Larger Real GDP Than China