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A nation's real GDP was $250 billion in Year 1 and $260 billion in Year 2. Its population was 120 million in Year 1 and
A nation's real GDP was $250 billion in Year 1 and $260 billion in Year 2. Its population was 120 million in Year 1 and 130 million in Year 2. What is its real GDP per capita in Year 2?
Multiple Choice
- $2,000 per person
- $200 per person
- $20,000 per person
- $130 per person
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Economics Today The Macro View
Authors: Roger LeRoy Miller
18th Edition
0133884872, 978-0133884876
