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5 October, 11:14

Country A had a population of 2,000, of whom 1,300 worked an average of 8 hours a day and had a productivity of 5. Country B had a population of 2,500, of whom 1,700 worked 8 hours a day and had productivity of 4. Country a. A had the higher level of real GDP and real GDP per person. b. A had the higher level of real GDP and Country B had the higher level of real GDP per person c. B had the higher level of real GDP and Country A had the higher level of real GDP per person d. B had the higher level of real GDP and real GDP per person.

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  1. 5 October, 11:48
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    c. B had the higher level of real GDP and Country A had the higher level of real GDP per person

    Explanation:

    Country A's population 2,000, worked 1,300 with 8 hours a day with a productivity of 5 = 52,000 units of something produced. GDP per capita = 52,000 / 2,000 = 26 per capita

    Country B's population 2,500, worked 1,700 with 8 hours a day with a productivity of 4 = 54,400 units of something produced. GDP per capita = 54,400 / 2,500 = 21.76 per capita
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