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Homework answers / question archive / Ethiopia has a GDP of $8 billion (measured in U

Ethiopia has a GDP of $8 billion (measured in U

Economics

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 the per capita GDP for each country and identify which one is higher.

Instructions: Enter values to two decimal places unless it is a whole number.

Ethiopia = $_______?________ per capita.

Costa Rica = $_______?_________

The per capita GDP of __________-?________ is much lower than that of _________ by $________.

 

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