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(Table) Look at the Table of Data for Two Countries;

Question 186

Multiple Choice

(Table) Look at the table of data for two countries; which statement correctly identifies the country in which consumers are better off on average and why?  Country  GDP for 2016 Population  Consumer  purchases as a  share of GDP  Investment as a  share of GDP  Econoland  S40 billion 20 million 70%15% Macroland $80 billion 42 million 80%9%\begin{array} { | l | l | l | l | l | } \hline \text { Country } & \text { GDP for } 2016 & \text { Population } & \begin{array} { l } \text { Consumer } \\\text { purchases as a } \\\text { share of GDP }\end{array} & \begin{array} { l } \text { Investment as a } \\\text { share of GDP }\end{array} \\\hline \text { Econoland } & \text { S40 billion } & 20 \text { million } & 70 \% & 15 \% \\\hline \text { Macroland } & \$ 80 \text { billion } & 42 \text { million } & 80 \% & 9 \% \\\hline\end{array}


A) Econoland because its GDP per capita is higher.
B) Macroland because its GDP per capita is higher.
C) Econoland because its consumption purchases per capita is higher.
D) Macroland because its consumption purchases per capita is higher.

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