In 2018, Belize had a GDP of 4 billion Belize dollars, and a population of 400,000 people. The exchange rate was 2 Belize dollars per U.S. dollar. Calculate the GDP per capita of Belize in 2018 as measured in U.S. dollars a. 2,000 USD b. 4,000 USD c. 5,000 USD d. 10,000 USD
In 2018, Belize had a GDP of 4 billion Belize dollars, and a population of 400,000 people. The exchange rate was 2 Belize dollars per U.S. dollar. Calculate the GDP per capita of Belize in 2018 as measured in U.S. dollars a. 2,000 USD b. 4,000 USD c. 5,000 USD d. 10,000 USD
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 9SCQ: The Central African Republic has a GDP of 1,107,689 million CFA francs and a population of 4.862...
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Question
In 2018, Belize had a
a. |
2,000 USD |
|
b. |
4,000 USD |
|
c. |
5,000 USD |
|
d. |
10,000 USD |
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