In Both Gamma and Delta Average Labor Productivity Is $40,000

Multiple Choice

In both Gamma and Delta average labor productivity is $40,000 per worker per year. The population of Gamma is 200,000 and the population of Delta is 400,000. Fifty percent of the population in each country is employed. Total output in Gamma is ________ and total output in Delta is ________.

A) $2.4 billion; $4.8 billion
B) $4 billion; $8 billion
C) $100,000; $200,000
D) $8 billion; $16 billion