asked 154k views
3 votes
Suppose real GDP is roughly $800 billion, and the population is approximately 50 million people. Real GDP per capita is

1 Answer

3 votes

Answer:

Real GDP per capita is $16,000 USD.

Step-by-step explanation:

Real GDP per capita = GDP per capita / Population

The real GDP is $800 billion

The population is 50 million people

Real GDP per capita = $800,000,000,000,000 /50,000,000

$16,000 in real GDP per capita

As a result, the real GDP per capita is $16,000 USD.

answered
User Owl
by
8.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.