World Universities Rankings as Economic Indicators?
Questions for Thought and Review. 1. Economic growth is measured by increases in total output and increases in output per person. 2. U.S. per capita growth rate of 1.5 to 2.0 percent per year is lower than that of Japan (4.8 percent per year) and China (2.4 percent per year), close to Western Europe (2.5 percent per year), and Latin America (1.4 percent per year), and higher than Eastern ... ................
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