Assume that the share of population employed in all countries is 50 percent. Based on the information in the table, which country has the smallest real GDP per capita?

Question

Quizplus · Accepted Answer

To find real GDP per person, multiply the average output each worker produces times the percentage of population employed. Note that all countries have the same share of population working, 50 percent, so the real GDP in each country is half of the average labor productivity. So real GDP per person in Country A is: ($2,000 × 0.50) = $1,000.

Assume That the Share of Population Employed in All Countries