If Real GDP is $6 billion and the population is 300,000,per-capita Real GDP is
A) $30,000.
B) $20,000.
C) $33,333.
D) $39,434.

Name: If Real GDP is $6 billion and the population is 300,000,per-capita Real GDP is A) $30,000. B) $20,000. C) $33,333. D) $39,434.
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Question

Quizplus · Accepted Answer

Per-capita Real GDP is calculated by dividing the Real GDP by the population. Therefore, per-capita Real GDP = $6 billion / 300,000 people = $20,000 per person. The correct answer is B.

If Real GDP Is $6 Billion and the Population Is