A country experiencing a growth rate of 8% per year can go from being one of the poorest to one of the richest in
A)one generation. In the last couple of decades China's growth rate has been higher than 8%.
B)one generation. However, in the last couple of decades not even China's growth rate has been this high.
C)three generations. In the last couple of decades China's growth rate has been higher than 8%.
D)three generations. However, in the last couple of decades not even China's growth rate has been this high.

Question

Quizplus · Accepted Answer

According to the question, a country experiencing a growth rate of 8% per year can go from being one of the poorest to one of the richest. One generation typically refers to around 20-30 years, and in the last couple of decades (roughly since the 1990s), China's growth rate has been higher than 8%, meaning it is possible for a country to achieve this level of growth in one generation.

A Country Experiencing a Growth Rate of 8% Per Year