Assume that the real GDP of Macronesia is approximately $12 trillion and the population of Macronesia is approximately 300 million.What is per capita real GDP?
A) $4 000
B) $36 000
C) $40 000
D) Real per capita GDP can't be determined without more information.

Question

Quizplus · Accepted Answer

Per capita real GDP can be calculated by dividing the real GDP by the population. In this case, per capita real GDP is approximately $40,000 ($12 trillion divided by 300 million). Therefore, the correct answer is (C) $40,000.

Assume That the Real GDP of Macronesia Is Approximately $12