ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True or False:In 1980 Japan’s GNP per capita was the largest in the world
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Japan gni per capita for 2021 was $42, 650, a 4.51% increase from 2020. Japan gni per capita for 2020 was $40, 810, a 2.86% decline from 2019. Japan gni per capita for 2019 was $42, 010, a 0.57% increase from 2018. Japan gni per capita for 2018 was $41, 770, a 7.3% increase from 2017.
Detailed explanation-2: -With a GDP of 23.32 trillion dollars, the USA is by far the world’s largest economy in this ranking for 2021. It is followed by China in second place with a GDP of 17.73 trillion dollars.
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