Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 25 - Part IX - Production and Growth - Quick Check Multiple Choice - Page 545: 2

Answer

c. 12

Work Step by Step

Japan's real GDP per person is \$34,810, and Germany's is \$38,410. Pakistan and India have \$2,760 and \$3,330, respectively. As proof of the calculation, $34810/2760 \approx 12.61$, and $38410/3330 \approx 11.53$, averaging to $12$.
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