In Lutheria, there are 10,000 people in the age group of 0-14 years, 30,000 people are employed, and 2,000 people are unemployed. Lutheria?s GDP, measured in luthers, is 1 billion. Income per worker in Lutheria is ________ luthers.
A) 10,000
B) 23,667
C) 28,999
D) 33,333

Question

Quizplus · Accepted Answer

Income per worker is calculated by dividing the GDP by the number of employed workers. In Lutheria, the GDP is 1 billion luthers and there are 30,000 employed workers. Therefore, income per worker = 1,000,000,000 luthers / 30,000 workers = 33,333.33 luthers.

In Lutheria, There Are 10,000 People in the Age Group