Question: If a country\'s GDP is $1 trillion and its population is 250 million, what is the GDP per capita?
Options:
$4000
$5000
$6000
$7000
Correct Answer: $5000
Solution:
GDP per capita = GDP / Population = 1 trillion / 250 million = $4000
If a country's GDP is $1 trillion and its population is 250 million, what is the
Practice Questions
Q1
If a country's GDP is $1 trillion and its population is 250 million, what is the GDP per capita?
$4000
$5000
$6000
$7000
Questions & Step-by-Step Solutions
If a country's GDP is $1 trillion and its population is 250 million, what is the GDP per capita?
GDP per capita – GDP per capita is a measure of a country's economic output that accounts for its number of people, calculated by dividing the GDP by the population.
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