Suppose that the share of population employed in Country C is 50 percent, and that Countries C and D have the same real GDP per capita. Based on the information in the table, what share of Country D's population must be employed? $\begin{array}{|c|r|r}
\hline \text { Country } & \text { Population (millions) } & \text { Average Labor Productivity (\$) } \
\hline \mathrm{A} & 100 & 2,000 \
\hline \mathrm{B} & 150 & 10,000\
\hline \mathrm{C} & 75 & 25,000 \
\hline \mathrm{D} & 250 & 50,000 \
\hline \mathrm{E} & 95 & 60,000 \
\hline
\end{array}$

Question

Quizplus · Accepted Answer

Real GDP per capita is calculated as (Average Labor Productivity * Share of Population Employed). For Country C, this is $25,000 * 50% = $12,500. For Country D to have the same real GDP per capita with an average labor productivity of $50,000, the share of its population employed must be $12,500 / $50,000 = 25%.

Suppose That the Share of Population Employed in Country C