China's Current Rate of GDP Growth Is Quite Rapid

question 150

Essay

China's current rate of GDP growth is quite rapid.Its current growth rate is probably three times that of Canada.However, pollution levels are much higher in China.Would you consider China to be better off than Canada given this information? Why or why not?

---

Definitions:

Investments-Treasury Bonds

Fixed-income securities issued by a government to finance its expenditures, considered safe investments with a fixed interest rate.

Interest to Creditors

The amount paid to creditors for lending money or extending credit, typically represented as an annual percentage of the principal.

Current Expenses

Short-term expenses that are incurred in the normal operations of a business and are expected to be paid within a fiscal year.

Dividends to Stockholders

Payments made by a corporation to its shareholder members, usually deriving from the company's earnings.