Consider two countries. Country A has a population of 1,000, of whom 800 work 8 hours a day to make 128,000 final goods. Country B has a population of 2,000, of whom 1,800 work 6 hours a day to make 270,000 final goods. Select one: a. None of the answers are correct b. Country B has lower productivity, but higher real GDP per person than country B. c. Country A has lower productivity and lower real GDP per person than country В. d. Country A has higher productivity and higher real GDP per person than country В.

Consider two countries. Country A has a population of 1,000, of whom 800 work 8 hours a day to make 128,000 final goods. Country B has a population of 2,000, of whom 1,800 work 6 hours a day to make 270,000 final goods. Select one: a. None of the answers are correct b. Country B has lower productivity, but higher real GDP per person than country B. c. Country A has lower productivity and lower real GDP per person than country В. d. Country A has higher productivity and higher real GDP per person than country В.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 4P

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Question

Consider two countries. Country A has a population of
1,000, of whom 800 work 8 hours a day to make
128,000 final goods. Country B has a population of
2,000, of whom 1,800 work 6 hours a day to make
270,000 final goods.
Select one:
a. None of the answers are correct
b. Country B has lower productivity, but
higher real GDP per person than country
В.
c. Country A has lower productivity and
lower real GDP per person than country
В.
d. Country A has higher productivity and
higher real GDP per person than country
В.
e. Country A has higher productivity, but
lower real GDP per person than country
В.

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