Ask Question
16 November, 17:15

Last year the imaginary country of Basova had a population of 10,000, 6,000 people worked 8 hours a day, and produced a real GDP of $30,000,000. The imaginary country of Aldovia had a population of 12,000, 8,000 people worked 8 hours a day, and produced a real GDP of $38,000,000. Which of the following is correct? a. Basova had higher productivity and higher real GDP per person.

b. Andovia had the higher productivity and higher real GDP per person.

c. Basova had the higher productivity while Andovia had the higher real GDP per person.

d. Andovia had the higher productivity while Basova had the higher real GDP per person.

+5
Answers (1)
  1. 16 November, 17:33
    0
    C) Basova had the higher productivity while Andovia had the higher real GDP per person.

    Explanation:

    real GDP per capita: Aldovia's real GDP per capita is higher

    Basova: $30,000,000 / 10,000 people = $3,000 per capita Aldovia: $38,000,000 / 12,000 people = $3,167 per capita

    worker productivity: Basova's worker productivity is higher

    Basova: $30,000,000 / 6,000 workers = $5,000 per worker Aldovia: $38,000,000 / 8,000 workers = $4,750 per worker
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Last year the imaginary country of Basova had a population of 10,000, 6,000 people worked 8 hours a day, and produced a real GDP of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers