Answered: if a nation has a population of 100…

if a nation has a population of 100 million, a labor force of 60 million, GDP of $100 billion , then the GDP per capita must be? $1,666.67. $1,000.00 $100.00

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter20: Growth And Less Developed Countries

Section: Chapter Questions

Problem 19SQ

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Question

if a nation has a population of 100 million, a labor force of 60 million, GDP of $100 billion , then the GDP per capita must be?

		$1,666.67.
		$1,000.00
		$100.00

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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