QUESTION 7 The following table shows GDP per capita in the UK and China, measured in US dollars. Year U.K. 2016 41194 2017 40407 2018 43114 2019 42379 China 8120 8823 9920 10522 What can you safely conclude from these data? O a. The UK economy is larger than the Chinese economy O b. The Chinese economy is growing continuously O c. There is less income inequality in the UK than in China O d. Quality of life is higher in the UK than in China

QUESTION 7 The following table shows GDP per capita in the UK and China, measured in US dollars. Year U.K. 2016 41194 2017 40407 2018 43114 2019 42379 China 8120 8823 9920 10522 What can you safely conclude from these data? O a. The UK economy is larger than the Chinese economy O b. The Chinese economy is growing continuously O c. There is less income inequality in the UK than in China O d. Quality of life is higher in the UK than in China

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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