首页
财务会计
医药卫生
金融经济
考公考编
外语考试
学历提升
职称考试
建筑工程
IT考试
其他
登录
职称考试
The Differences in Living Standards The differences in living standards arou...
The Differences in Living Standards The differences in living standards arou...
admin
2020-12-24
42
问题
The Differences in Living Standards
The differences in living standards around the world are vast. In 1993, the average American had an income of about $25,000. In the same year, the average Mexican earned $7,000, and the average Nigerian earned $1,500. Not surprisingly, this large variation in average income is reflected in various measures of the quality of life. Changes in living standards over time are also large. In the United States, incomes have historically grown about 2 percent per year (after adjusting for changes in the cost of living). At this rate, average income doubles every 35 years. In some countries, economic growth has been even more rapid. In Japan, for instance, average income has doubled in the past 20 years, and in South Korea it has doubled in the past 10 years.
What explains these large differences in living standards among countries and over time? The answer is surprisingly simple. Almost all variation in living standards is attributable to differences in countries' productivity -- that is, the amount of goods and services produced from each hour of a worker's time. In nations where workers can produce a large quantity of goods and services per unit of time, most people enjoy a high standard of living,; in nations where workers are less productive, most people must endure a more meager existence. Similarly, the growth rate of a nation's productivity determines the growth rate of its average income.
The fundamental relationship between productivity and living standards is simple, but its implications are far-reaching. If productivity is the primary determinant of living standards, other explanations must be of secondary importance. For example, people might think that labor unions or minimum-wage laws contributed to the rise in living standards of American workers over the past century. Yet the real hero of American workers is their rising productivity.
The relationship between productivity and living standards also has great implications for public policy. When thinking about how any policy will affect living standards, the key question is how it will affect our ability to produce goods and services. To improve living standards, policymakers need to raise productivity by ensuring that workers are well educated, have the tools needed to produce goods and services, and have access to the best available technology.
Which of the following countries has enjoyed the fastest economic growth in history?()
选项
A.Mexico.
B.The United States.
C.Japan.
D.South Korea.
答案
D
解析
细节题。题干:下列哪个国家的经济发展最快?根据四个国家可以定位在文章首段倒数第四句,意为“在美国,人均收入每35年翻一番。在一些国家,经济增长速度更快。日本人均收入20年翻一番,而韩国则只需10年”。由此可推知,South Korea的经济增长速度最快。
转载请注明原文地址:https://ti.zuoweng.com/ti/oUpQKKKQ
相关试题推荐
TheDifferencesinLivingStandards Thedifferencesinlivingstandardsarou...
TheDifferencesinLivingStandards Thedifferencesinlivingstandardsarou...
Theyhavebeenlivingunderthemostdreadfulconditionsfortwoyears.()A.appal
At80,PeckwasstillvigorousandlivinginParis.()A.energeticB.happyC.alone
Inordertoimproveourstandardofliving,wehavetoaccelerateproduction.()A
Inordertoimproveourstandardofliving,wehavetoaccelerateproduction.()A
共用题干 TheJoyofLivingAloneMoreandmoreAmericansarelivingalone.Someli...
共用题干 TheJoyofLivingAloneMoreandmoreAmericansarelivingalone.Someli...
共用题干 TheJoyofLivingAloneMoreandmoreAmericansarelivingalone.Someli...
共用题干 TheJoyofLivingAloneMoreandmoreAmericansarelivingalone.Someli...
随机试题
1.D先生从事软件行业工作,其妻子从事的是贸易行业的工作,两人准备要孩子,想作一
关于破伤风梭菌,正确的是 A.有荚膜 B.有周身鞭毛 C.芽孢细长呈杆状
(6-10题共用题干)
外部转让一般需要征得( )其他股东同意,且其他股东放弃优先购买权。 A、全体
关于阴道及宫颈细胞学检查,错误的是
男,80岁。上下无牙颌,下颌牙槽嵴低平。全口义齿修复时基托利用其颊棚区作为主承托
监理合同终止的条件有()。
关于胎盘早剥哪项是正确的A先期待疗法,后考虑终止妊娠B多无诱因,往往在半夜阴道出血C易发生产后出血,为软产道损伤所致D贫血程度与阴道出血量成正比
关于国际工程招标中暂定金额的说法,正确的有()A.承包商在投标报价时应将暂定金额在总报价之外单列B.暂定金额的数量一般由业主在招标文件中明确C.承包商在施
下列()是普通住宅小区物业管理服务等级标准中二级标准的要求。A:小区主出入口24小时站岗值勤B:小区主出入口24小时值勤C:小区24小时值勤D:小区主出入