Real GDP in a small country is worth $8 billion.The population of the country is 200,000.What is per capita Real GDP?
A) $30,000
B) $40,000
C) $60,000
D) $300,000

Question

Quizplus · Accepted Answer

Per capita real GDP is calculated by dividing the real GDP by the population. 
Per capita real GDP = Real GDP / Population = $8 billion / 200,000 = $40,000 
Therefore, the correct answer is B.

Real GDP in a Small Country Is Worth $8 Billion