India has a GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. The exchange rate is 50 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars. 1) $20.90 2) $20,909 3) $418 4) $4.18

India has a GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. The exchange rate is 50 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars. 1) $20.90 2) $20,909 3) $418 4) $4.18

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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Q41 What’s the correct answer ?

India has a GDP of 23,000 billion Indian rupees, and a
population of 1.1 billion. The exchange rate is 50 rupees per
U.S. dollar. Calculate the GDP per capita of India as
measured in U.S. dollars.
1) $20.90
2) $20,909
3) $418
4) $4.18

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