*India has a GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. The exchange rate is 50 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars.
A. $20.90
B. $20,909
C. $418
D. $4.18
Answer:C
*India has a GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. The exchange rate is 50 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars.
A. $20.90 B. $20,909 C. $418 D. $4.18
Explanation: Type: Multiple Choice