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Assume that a very tiny and very poor DVC has income per capita of $300 and total national Income of $3.6 million. Instructlons: Round your
Assume that a very tiny and very poor DVC has income per capita of
$300
and total national Income of
$3.6
million.\ Instructlons: Round your answers to the nearest whole number.\ a. How large is its population?\ people\ b. If its population grows by 3 percent in some year while its total income grows by 4 percent, what will be its new income per capita rounded to full dollars?\
$
\ c. If the population had not grown during the year, what would have been its income per capita?\
$
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