If the real GDP of a country in 2016 was $500 billion and its population was 100 billion, then real GDP per capita for that year was _____
A) $0.5 billion.
B) $1 billion.
C) $10 billion.
D) $5 billion.
E) $2.5 billion.

Question

Quizplus · Accepted Answer

Real GDP per capita is calculated by dividing the real GDP of a country by its population. Therefore, real GDP per capita for the given country in 2016 would be $500 billion divided by 100 billion, which equals $5 billion.

If the Real GDP of a Country in 2016 Was