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5. Many newspapers and politicians have noted that China’s output per
capita is growing much faster than in the United States. These ob— servers use this as evidence that China is on its way to becoming the
world’s largest economy. (a) Using an appropriate graph, explain why it makes sense that
China is growing faster than the US. (b) Based on the analysis from the graph in (a), do you think China
will overtake the U.S. in income per capita? What factors would
have to be true for this to be the case?

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