Suppose the GDP in a country is $450 million and the population of that country is 150 million. The per capita GDP of that country is .

$300 million

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$30 million

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$3 million

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$0.3 million

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Solution

The correct option is C $3 million
Per capita GDP = $\frac{GDP}{Population}$
= $\frac{$ 450 million}{150 million}$
= $3 million

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Suppose the GDP in a country is $450 million and the population of that country is 150 million. The per capita GDP of that country is .

The correct option is C $3 millionPer capita GDP = GDPPopulation = $450 million150 million = $3 million

The correct option is C $3 million
Per capita GDP = $\frac{GDP}{Population}$
= $\frac{$ 450 million}{150 million}$
= $3 million