Question

The information below for 2008 in millions was reported by the World Bank. On the basis of this

information, which list below contains the correct ordering of GDP per person from highest to
lowest?
Country GDP(US$) Population
Argentina $328,465 39.88
Bolivia $16,674 9.69
Peru $129,109 28.84
a. Argentina, Bolivia, Peru
b. Argentina, Peru, Bolivia
c. Bolivia, Argentina, Peru
d. Peru, Bolivia, Argentina

Answer 1

B. Argentina, Peru, Bolivia

Step-by-step explanation:

The formula is GDP divided by population, or GDP/Population. If you’re looking at just one point in time in one country, then you can use regular, “nominal” GDP divided by the current population.