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1. Economic growth around the world The following table shows levels of real income per person in several economies during the years 1960 and 2010

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1. Economic growth around the world The following table shows levels of real income per person in several economies during the years 1960 and 2010 . The table further shows the average annual growth rate for each economy over this time period. For instance, real income per person in Niger was $945 in. 1960 , and it actually declined to $570 by 2010 . Niger's average annual growth rate during this period was 1.01%, and it featured the lowest level of reat income per person of any economy listed in the table in the year 2010. The levels of real income per person are reported in U.S. dollars using a base year of 2005. The following exercises will provide insight into the different growth experiences of these nations. Consider the following four nations listed below. Which economy started 1960 with a level of real income per person of weif below that of the United Kingdom and grew fast enough to catch up with and surpass the United Kingdom's real income per person by 2010 ? Guaternala Hong Kong Korea Niger 1. Economic growth around the world The following table shows levels of real income per person in several economies during the years 1960 and 2010 . The table further shows the average annual growth rate for each economy over this time period. For instance, real income per person in Niger was $945 in. 1960 , and it actually declined to $570 by 2010 . Niger's average annual growth rate during this period was 1.01%, and it featured the lowest level of reat income per person of any economy listed in the table in the year 2010. The levels of real income per person are reported in U.S. dollars using a base year of 2005. The following exercises will provide insight into the different growth experiences of these nations. Consider the following four nations listed below. Which economy started 1960 with a level of real income per person of weif below that of the United Kingdom and grew fast enough to catch up with and surpass the United Kingdom's real income per person by 2010 ? Guaternala Hong Kong Korea Niger

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