Answer :
Based on the provided information and assuming that the economies listed below are considered within this context:
1. This economy had the highest level of real income per person in the year 2010:
Given the countries listed (Australia, Central African Republic, Finland, Ireland, Pakistan, Thailand), the country that had the highest level of real income per person in 2010 typically would be:
- Australia (✓)
Australia is often known for having a high standard of living and a high level of real income per person.
2. This economy experienced the fastest rate of growth in real income per person from 1960 to 2010:
The country that experienced the fastest growth in real income per person over this period would be:
- Ireland (✓)
Ireland is well known for its significant economic growth during this period, especially during the Celtic Tiger era.
3. Consider the following four nations listed, which economy started 1960 with a level of real income per person below that of Finland and grew fast enough to catch up with and surpass Finland's real income per person by 2010:
Among the options provided (Australia, Ireland), the correct answer would be:
- Ireland (✓)
Ireland started the period with lower real income per person compared to Finland but experienced rapid economic growth, catching up with and even surpassing Finland by 2010.
1. This economy had the highest level of real income per person in the year 2010:
Given the countries listed (Australia, Central African Republic, Finland, Ireland, Pakistan, Thailand), the country that had the highest level of real income per person in 2010 typically would be:
- Australia (✓)
Australia is often known for having a high standard of living and a high level of real income per person.
2. This economy experienced the fastest rate of growth in real income per person from 1960 to 2010:
The country that experienced the fastest growth in real income per person over this period would be:
- Ireland (✓)
Ireland is well known for its significant economic growth during this period, especially during the Celtic Tiger era.
3. Consider the following four nations listed, which economy started 1960 with a level of real income per person below that of Finland and grew fast enough to catch up with and surpass Finland's real income per person by 2010:
Among the options provided (Australia, Ireland), the correct answer would be:
- Ireland (✓)
Ireland started the period with lower real income per person compared to Finland but experienced rapid economic growth, catching up with and even surpassing Finland by 2010.
