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.
