help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Suppose that nominal GDP in 2016 is $250,593 million and the population in 2016 is 4

Suppose that nominal GDP in 2016 is $250,593 million and the population in 2016 is 4

Economics

Suppose that nominal GDP in 2016 is $250,593 million and the population in 2016 is 4.6 million. Nominal GDP per capita in 2016 is:

 

a)54477

b)56329

c) 48743

d) 49166

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Computation of Nominal GDP per capita:

Nominal GDP per capita = Nominal GDP/ Population

= $250,593 million/4.6 million

Nominal GDP per capita = 54,476.74 or 54,477

So, the correct option is A "54,477".

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)