GDP per capita — According to the World Bank, for 2018 Mexico had a Gross Domestic Product or GDP of 1,220,699 million in US dollars. The population of Mexico in 2018 was 126,190,788. Calculate Mexico's GDP per person for 2018. Question 1 options: A) 103 B) 9,673 C) 13,651 D) 97
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- The 2017 U.S. gross domestic product (GDP) was valued at 19,390,604,000 dollars. How many Gateway Arch‑height stacks of dimes are needed to match the GDP in value?County A & Country B both recorded an increase in real GDP of 5% per year from 1970 to 2005. During this time, the population of country A grew at 7% per year & the population for Country B grew at 3%. Which of the following is true during this period? a. Per capita GDP was the same for both Country A & Country B b. Per capita GDP decreased for Country B only c. Per capita GDP decreased for both Country A & Country B d. Per capital GDP decreased for Country A onlyGoods and services that are not sold in markets, such as food produced and consumed at home, are generally not included in GDP. As a result, you would expect the GDP per person in India and the United States will differ by_____ than their actual comparative economic well-being.
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- True or false?Part A. Government production accounts for about half of all GDP in the United States. Part B.Gross domestic product is the money value of all final goods and services produced in an economy in a year.Calculate per capita real GDP for Silesia for 1994 and 2019.Question 3 Consumer spending in GDP measurement does NOT include spending by businesses on labor resources households on necessary expenses such as gasoline individual households on durable items such automobiles and computers. families on services such as healthcare students on tuition.