ʺLife Expectancy Is Exceptionally High in Japan

question 19

Multiple Choice

ʺLife expectancy is exceptionally high in Japan. Scores for political freedom and civil liberties approach those of peer countries in Europe...equality of opportunity is extremely weak. The country also possesses one of the longer working weeks.ʺ Japanʹs GDP was estimated to be $4.2 trillion purchasing power parity) and the population was 127.4 million.
ʺDriven by its attractive climate, Brazil performs substantially better on Life Satisfaction than Material Wealth. High international demand for Brazilʹs commodities and raw materials has produced a sustained economic expansion since 2004, which in turn has led to job creation, wage growth and relatively low inflation. Brazilians report that they control their own lives to a substantial degree.ʺ Brazilʹs GDP was estimated to be $1.7 trillion purchasing power parity) and 190 million in 2006.
-According to the information, Japanʹs real GDP per person

• A) cannot be expected to change much given the other factors affecting GDP growth including political freedom and life expectancy.
• B) is $33,000.
• C) is higher than Brazilʹs and therefore we can definitely conclude that economic well-being is higher in Japan.
• D) is lower than Brazilʹs, but its real GDP is higher which makes standard of living higher in Japan.