Solved

Is It Possible for a Country with a Relatively Large

Question 98

Multiple Choice

Is it possible for a country with a relatively large GDP to have a relatively small per-capita GDP?


A) Yes,since the country with a relatively large GDP could also have a relatively large population.
B) No,since countries with a relatively large GDP (such as the United States and Japan) also have a relatively high per-capita GDP.
C) Yes,but only under the condition that the country "produces" relatively more "bads" than other countries.
D) Yes,since government transfer payments may be exorbitantly high in the country with the relatively high GDP.
E) There is not enough information to answer this question.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents