Study Problem 4-4 (algo) The data for three countries (all with the same base year, with figures converted to Canadian dollars) are shown in the table below. Calculate the real GDPS per capita for each country and rank them in size by filling out the table on the right. Give your answers to the nearest dollar Altria Bergan Casper Population (in Millions) 50 130 275 Nominal GOP (5 Billions) 750 3,000 3,600 Price Index 2009 100 110 155 Rank 1. 2. 3. Country (Click to select) (Click to select) (Click to select) Real GDP per capita S S $
Study Problem 4-4 (algo) The data for three countries (all with the same base year, with figures converted to Canadian dollars) are shown in the table below. Calculate the real GDPS per capita for each country and rank them in size by filling out the table on the right. Give your answers to the nearest dollar Altria Bergan Casper Population (in Millions) 50 130 275 Nominal GOP (5 Billions) 750 3,000 3,600 Price Index 2009 100 110 155 Rank 1. 2. 3. Country (Click to select) (Click to select) (Click to select) Real GDP per capita S S $
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Study Problem 4-4 (algo)
The data for three countries (all with the same base year, with figures converted to Canadian dollars) are shown in the table below.
Calculate the real GDPS per capita for each country and rank them in size by filling out the table on the right. Give your answers to the
nearest dollar
Altria
Bergan
Casper
Population
(in Millions)
50
130
275
Nominal GDP
($ Billions)
750
3,000
3,600
Price Index
2009 = 100
110
120
155
Rank
1.
2.
Country
(Click to select)
(Click to select)
(Click to select)
Real GDP per
capita
$
$
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf6075a6-8220-4fbf-9529-f0dd857bd98d%2F80a7d1b9-0a38-4c38-ab1c-b2dacbbf4f50%2Fbvgc6d6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Study Problem 4-4 (algo)
The data for three countries (all with the same base year, with figures converted to Canadian dollars) are shown in the table below.
Calculate the real GDPS per capita for each country and rank them in size by filling out the table on the right. Give your answers to the
nearest dollar
Altria
Bergan
Casper
Population
(in Millions)
50
130
275
Nominal GDP
($ Billions)
750
3,000
3,600
Price Index
2009 = 100
110
120
155
Rank
1.
2.
Country
(Click to select)
(Click to select)
(Click to select)
Real GDP per
capita
$
$
$
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