A few days ago
reason for increase in growth rate?
Between 1960 and 1980, real GDP per person in Japan increased by more than 200%, while real GDP per person in the United Kingdom increased by only 50%. Which of the following explains the large difference in growth rates?
A. Japan had a larger population than the United Kingdom.
B. Japan focused on producing goods for its domestic market, rather than trying to export goods.
C. Japan was much poorer than the United Kingdom in 1960.
D. Japan had a lower savings rate than the United Kingdom.
Top 2 Answers
A few days ago
Favorite Answer
C. Japan was much poorer than the United Kingdom in 1960.
0
A few days ago
most likely it’s C
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