Which of the Following Is an Historically Accurate Description of Real

question 4

Multiple Choice

Which of the following is an historically accurate description of real per capita growth rates?

• A) For the 1820-1913 period, the UK economy experienced negative growth
• B) Between 1820 and 1913, Bangladesh grew as rapidly as Japan
• C) In 1820 the US had a higher income per head than China, Japan and the UK
• D) By 2010 China had overtaken Japan in terms of Income per head
• E) Between 1913 and 2002, Japan grew faster than either the US or the UK

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Definitions:

Constant Rate

A steady, unchanging value or percentage used in financial calculations, such as a fixed interest rate over time.

Required Return

The minimum expected return on an investment necessary for an investor to consider it worthwhile, taking into account the risk involved.

Stock Price

The current market price at which a share of a company is bought or sold.

Dividend Growth Rate

The rate at which a company's dividend payments increase over a period.