Multiple Choice
Is it possible for a country with a relatively large GDP to have a relatively small per-capita GDP?
A) Yes, since the country with a relatively large GDP could have a relatively large population.
B) No, since countries with a relatively large GDP (such as the United States and Japan) also have relatively high per-capita GDP.
C) Yes, but only under the condition that the country "produces" relatively more "bads" than other countries.
D) Yes, since government transfer payments may be exorbitantly high in the country with the relatively high GDP.
E) There is not enough information to answer this question.
Correct Answer:

Verified
Correct Answer:
Verified
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