Asked by
Laetitia Lorens
on Dec 17, 2024
Verified
Although growth rates across countries vary some, rankings of countries by income remain pretty much the same over time.
Income Rankings
A hierarchy or classification of incomes, from the lowest to the highest.
- Master the historical developments in growth rates of real Gross Domestic Product per capita globally.
- Recognize the relationship between real GDP per person, standards of living, and economic growth.
Verified Answer
AM
Learning Objectives
- Master the historical developments in growth rates of real Gross Domestic Product per capita globally.
- Recognize the relationship between real GDP per person, standards of living, and economic growth.