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Country 1 has a GDP of $8 billion (measured in U.S. dollars) and population of 55 million. Country 2 has a GDP of $9 billion (measured in U.S. dollars) and a population of 4 million.
Calculate the per capita GDP for each country. Which answer is correct?
A) Country 1 = $145.00 Country 2 = $2250.00
B) Country 1 = $1450.00 Country 2 = $22, 500.00
C) Country 1 = $14.50 Country 2 = $225.00
D) Country 1 = $14.50 Country 2 = $2,250.00
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