Real GDP in a small country is worth $40 billion.The population of the country is 1.666,000.What is the country's approximate per capita Real GDP?
A) $24,000
B) $40,000
C) $60,000
D) $240,000

Name: Real GDP in a small country is worth $40 billion.The population of the country is 1.666,000.What is the country's approximate per capita Real GDP? A) $24,000 B) $40,000 C) $60,000 D) $240,000
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Question

Quizplus · Accepted Answer

To find the per capita Real GDP, divide the total Real GDP by the population: $40 billion / 1.666 million = $24,000.

Real GDP in a Small Country Is Worth $40 Billion