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Economics: The Basics 1st Edition by Mike Mandel
Edition 1ISBN: 978-0071316026Economics: The Basics 1st Edition by Mike Mandel
Edition 1ISBN: 978-0071316026 Exercise 3
The following table gives the gross domestic product (in dollars) and the population for three countries.
a) Calculate the GDP per capita for all three countries.
b) Which country has the highest GDP per capita?
c) Which country has the largest economy, based on GDP?
a) Calculate the GDP per capita for all three countries.
b) Which country has the highest GDP per capita?
c) Which country has the largest economy, based on GDP?
Explanation
Verified
Verified
GDP Per Capita:
As per the concept of G...
Economics: The Basics 1st Edition by Mike Mandel
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