Since the Late 1970s,China's Growth Rate in Real GDP Per

Multiple Choice

Since the late 1970s,China's growth rate in real GDP per capita has been more than 3.5 times higher than that in Canada.Much of China's growth is likely due to the transition from a communist economy to a market economy.This transition is equivalent to

A) moving China's balanced growth path higher.
B) returning China to its original balanced growth path.
C) increasing China's balanced growth path to a level 3.5 times greater than the balanced growth path in Canada.
D) reducing China's balanced growth path to compensate for the increase in real GDP per capita.