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If a nation's real GDP increases from 500 billion to 515 billion and its population grows from 100 million to 106 million, its real GDP per capita will:_______--

Respuesta :

Answer:

The correct answer is:  decrease by 2,83%.

Explanation:

The per capita domestic product is a ratio that portraits a country’s gross domestic product (GDP) per person. In order to calculate the numeric value, the country’s GDP is divided by its population. The metric is used to determine a country’s economic prosperity and growth.

In that case:

  • Initial GDP per capita=(500 000 000 000 000)/(100 000 000)=5 000 000
  • Increased GDP per capita=(515 000 000 000 000)/(106 000 000)=4 858 490

Thus,

5 000 000 → 100%

4 858 490 → x

x=(4 858 490 (100))/(5 000 000)=97,17%

So, it means the GDP per capita decreased in 2,83%.

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