Use the table to answer the questions. Round your answers to the nearest cent. Country Gross domestic product (GDP) Country A $7 trillion Country B $1.25 trillion What is the GDP per capita for Country A? $ What is the GDP per capita for Country B? Population 350 million 50 million Which country has the largest average GDP per capita? Country B Country A

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....
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Use the table to answer the questions. Round your answers to the nearest cent.
Country Gross domestic product (GDP)
Population
Country A
$7 trillion
350 million
Country B
$1.25 trillion
50 million
What is the GDP per capita for Country A?
$
What is the GDP per capita for Country B?
$
Which country has the largest average GDP per capita?
Country B
Country A
Transcribed Image Text:Use the table to answer the questions. Round your answers to the nearest cent. Country Gross domestic product (GDP) Population Country A $7 trillion 350 million Country B $1.25 trillion 50 million What is the GDP per capita for Country A? $ What is the GDP per capita for Country B? $ Which country has the largest average GDP per capita? Country B Country A
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