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Economic growth: Based on information from the World Bank, in 2018, GDP per capita was $62,794.6 in the United States and $64,581.9 in Singapore -

Economic growth: Based on information from the World Bank, in 2018, GDP per capita was $62,794.6 in the United States and $64,581.9 in Singapore - very similar values (and relatively high values compared to many countries). But, the annual rate of GDP growth averages 2.3% in the United States and 2.7% in Singapore. Would you predict the United States or Singapore to have a more rapid increase in the standard of living in the long run?

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