According to the World Bank, in 2006, China's GDP was approximately 2.7 trillion (or 2,700 billion). That same year, India's GDP was approximately 906.3 billion.
With which of the following populations would China's standard of living have been considered higher than India's that year?
A) China's population = 500 million; India's population = 125 million
B) China's population = 8.3 billion; India's population = 1.1 billion
C) China's population = 1.3 billion; India's population = 1.1 billion
D) China's population = 3.5 billion; India's population = 1.1 billion
Question 2
Refer to Table 22-1. Based on the table above, which country has a higher standard of living and why?
A) Ireland has a higher standard of living because growth in GDP is greater in Ireland than in Sweden.
B) Sweden has a higher standard of living because their GDP is higher.
C) Ireland has a higher standard of living because their GDP per capita is higher.
D) Sweden has a higher standard of living because their GDP per capita is higher.
A second jetliner approaches the south tower of the World Trade Center on September 11, 2001. The no
Example of Reconciling a Bank Statement
Chinese Barber Performing a Form of Percussion on a Seated Patron in China in the 1790s.
World Total Energy Consumption by Fuel Type
Per capita consumption of power is high in the developed world and highest in the United States
The Vast World Ocean