*Ethiopia has a GDP of $8 billion (measured in U.S. dollars) and a population of 55 million. Costa Rica has a GDP of $9 billion (measured in U.S. dollars) and a population of 4 million. Calculate per capita GDP for each country.
A. Ethiopia = $14.50 Costa Rica = $2250.00
B. Ethiopia = $14.50 Costa Rica = $225.00
C. Ethiopia = $145.00 Costa Rica = $2250.00
D. Ethiopia = $1450.00 Costa Rica = $22,500.00
Answer:C
*Ethiopia has a GDP of $8 billion (measured in U.S. dollars) and a population of 55 million. Costa Rica has a GDP of $9 billion (measured in U.S. dollars) and a population of 4 million. Calculate per capita GDP for each country.
A. Ethiopia = $14.50 Costa Rica = $2250.00 B. Ethiopia = $14.50 Costa Rica = $225.00 C. Ethiopia = $145.00 Costa Rica = $2250.00 D. Ethiopia = $1450.00 Costa Rica = $22,500.00
Explanation: Type: Multiple Choice