Indicate which economy satisfies each of the following statements. Statement Austria Botswana Honduras Malaysla Venezuela Zambla This economy had the highest level of real income per person in the year 2010. This economy experienced the fastest rate of growth in real income per person from 1960 to 2010, Consider the following list of four economies. Which economy began with a level of real income per person in 1960 that was well below that of Venezuela and grew fast enough to catch up with and surpass Venezuela's real income per person by 2010? O Austria Honduras Malaysia Zambia
Indicate which economy satisfies each of the following statements. Statement Austria Botswana Honduras Malaysla Venezuela Zambla This economy had the highest level of real income per person in the year 2010. This economy experienced the fastest rate of growth in real income per person from 1960 to 2010, Consider the following list of four economies. Which economy began with a level of real income per person in 1960 that was well below that of Venezuela and grew fast enough to catch up with and surpass Venezuela's real income per person by 2010? O Austria Honduras Malaysia Zambia
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:Indicate which economy satisfies each of the following statements.
Statement
Austria
Botswana
Honduras
Malaysla
Venezuela
Zambla
This economy had the highest level of real income per person in the
year 2010.
This economy experienced the fastest rate of growth in real income
per person from 1960 to 2010,
Consider the following list of four economies. Which economy began with a level of real income per person in 1960 that was well below that of
Venezuela and grew fast enough to catch up with and surpass Venezuela's real income per person by 2010?
O Austria
Honduras
Malaysia
Zambia
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