If We Compare the U

question 134

Multiple Choice

If we compare the U.S. GDP and the Chinese GDP

• A) real GDP per person is about the same in the two countries.
• B) U.S. real GDP per person is less than China's real GDP per person once we adjust for currency differences.
• C) China's real GDP per person is less than real GDP per person in the United States.
• D) real U.S. GDP per person was much larger than China's real GDP per person when purchasing power parity prices are used but is less than China's real GDP per person when exchange rate prices are used.

---

Definitions:

Emissions

The release of pollutants into the air, including those from industrial processes, transportation, and other sources that can harm human health and the environment.

Production Process

A set of operational activities and tasks involved in the conversion of raw materials into finished products or services.

Local Iron Ore

Iron ore mined within a specific geographic area, typically used in steel production within the same region to reduce transportation costs and support local industries.

Cradle to Cradle

A design philosophy that encourages the creation of products with lifecycle considerations, aiming for sustainability and minimal environmental impact.