$\begin{array}{lll}\text { Year}& \text { Real GDP }& \text { Population }\\hline
1 & \$ 575 \text { billion } & 22 \text { million } \
2 & \$ 580 \text { billion } & 24 \text { million } \
3 & \$ 605 \text { billion } & 25 \text { million } \
4 & \$ 606 \text { billion } & 27 \text { million }
\end{array}$
$\text { Table } 17.1$ Refer to Table 17.1.GDP per capita in year 1 was
A)$261,363.63.
B)$26,136.36.
C)$26.136 billion.
D)$26.136 million.

Question

Quizplus · Accepted Answer

GDP per capita is calculated by dividing the Real GDP by the Population. For year 1, it is \$575 billion / 22 million = \$26,136.36.

Table 17.1\text { Table } 17.1 Table 17.1 Refer to Table 17

$\text { Table } 17.1$ Refer to Table 17