Suppose you are given the following information for the country Lusitania 2011 Population total in Lusdania 288 million Employment 120 million Roal Gross Doniestic Product (GDPY 2.476 billion Us dollars Real income per capita in Lusitania is $ (Round your response to the nearest dollar) Real income per worker in Lusitania is $ (Round your response to the nearest dollar) The following table gives you the same information for the country Arctica 2011 Population, total in Arctical Employment 120 million 60 million Real Gross Domestic Product (GDP) 3,600 billion U.S. dollars Real income per capita in Arctica is $ (Round your response to the nearest dollar) Real income per worker in Arctica is $ (Round your response to the nearest dollar) Based on the information, would be considered more productive since its V is higher Using the information given in both of these tables to compare living standards in Lusitania and Arctica, you should use O A. the dependency ratio. Click to select your answer(s).

Suppose you are given the following information for the country Lusitania 2011 Population total in Lusdania 288 million Employment 120 million Roal Gross Doniestic Product (GDPY 2.476 billion Us dollars Real income per capita in Lusitania is $ (Round your response to the nearest dollar) Real income per worker in Lusitania is $ (Round your response to the nearest dollar) The following table gives you the same information for the country Arctica 2011 Population, total in Arctical Employment 120 million 60 million Real Gross Domestic Product (GDP) 3,600 billion U.S. dollars Real income per capita in Arctica is $ (Round your response to the nearest dollar) Real income per worker in Arctica is $ (Round your response to the nearest dollar) Based on the information, would be considered more productive since its V is higher Using the information given in both of these tables to compare living standards in Lusitania and Arctica, you should use O A. the dependency ratio. Click to select your answer(s).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Suppose you are given the following information for the country Lusitania
2011
288 million
Population total in Lusitania
Employment
120 million
2.476 billion
US. dollars
Roal Gross Doniestic Product (GDP)
Real income per capita in Lusitania is $
(Round your response to the nearest dollar)
Real income per worker in Lusitania is $
(Round your response to the nearest dollar
The following table gives you the same information for the country Arctica
2011
Population, total in Arctica
Employment
120 million
60 million
Real Gross Domestic Product (GDP)
3,600 billion
US. dollars
Real income per capita in Arctica is $
(Round your response to the nearest dollar)
Real income per worker in Arctica is $. (Round your response to the nearest dollar)
Based on the information,
V would be considered more productive since its
V is higher
Using the information given in both of these tables to compare living standards in Lusitania and Arctica, you should use
O A. the dependency ratio.
Click to select your answer().

Real Gross Domestic Product (GDPY
2.476 billion
US dollars
Real income per capita in Lusitania is $
(Round your response to the hearest dollar.)
Real income per worker in Lusitania is $
(Round your response to the nearest dollar)
The following table gives you the same information for the country Arctica
2011
Population, total in Arctica
Employment
120 million
60 million
Real Gross Domestic Product (GDP)
3,600 billion
US. dollars
Real income per capita in Arctica is $
(Round your response to the nearest dollar
Real income per worker in Arctica is $
(Round your response to the nearest dollar)
Based on the information,
V would be considered more productive since its
V is higher
Using the information given in both of these tables to compare living standards in Lusitania and Arctica you should use
O A. the dependency ratio.
O B. real income per capita
O C. absolute real GDP in U.S. dollars
O D. real income per worker.
Click to select your answer(s).

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