Switzerland population is 8,455,804. Its GDP is 617 billion in local currency, the Swiss Franc which is worth $1.10 (or 1 U.S. dollar is 0.91 Swiss Franc). Calculate Switzerland GDP in U.S. Dollar. What's GDP per capita in U.S. Dollar? In your opinion and in comparison to other countries, what does this GDP per capita indicate? Show all work.

Switzerland population is 8,455,804. Its GDP is 617 billion in local currency, the Swiss Franc which is worth $1.10 (or 1 U.S. dollar is 0.91 Swiss Franc). Calculate Switzerland GDP in U.S. Dollar. What's GDP per capita in U.S. Dollar? In your opinion and in comparison to other countries, what does this GDP per capita indicate? Show all work.

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 33P: The Czech Republic has 3 GDP of 1,800 billion koruny. The exchange rate is 25 koruny/U.S. dollar....

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