Convergence Between Real GDP Per Person in Canada and Japan

question 55

Multiple Choice

Convergence between real GDP per person in Canada and Japan was relatively ________ during the 1960s; convergence has recently been ________.

• A)slow; increasing
• B)rapid; decreasing
• C)rapid; increasing at an even faster rate
• D)slow; decreasing
• E)rapidly; continuing at the 1960s pace

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Definitions:

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort due to holding contradictory beliefs, values, or attitudes.

Company-Specific Human Capital

The unique skills, knowledge, and experience possessed by an individual that are particularly valuable to their employer and not easily transferable to other organizations.

Global Human Capital

The skills, knowledge, and experience possessed by individuals worldwide that can be used for economic benefits and business success on a global scale.

Regional Human Capital

The collective skills, knowledge, and experience possessed by an area's workforce, which contributes to its economic development.