If the number of workers in a country is 12,000 and its income per worker is $380,its GDP is ________.
A) $1,240,000
B) $4,560,000
C) $524,000
D) $618,000

Question

Quizplus · Accepted Answer

GDP is calculated by multiplying the number of workers by the income per worker. So, GDP = number of workers * income per worker.

GDP = 12,000 * $380 = $4,560,000.

Therefore, the answer is B) $4,560,000.

If the Number of Workers in a Country Is 12,000