New standard of living in middle terra

Reference no: EM13684676

The country of Middle Terra has 200 people, 100 of them are working, and the real GDP is $5,000. If 50 refugees from Low Terra are arriving; all of them are hard workers, so they are allowed to work. As a result the real GDP is increasing by $1,000. The new standard of living in Middle terra is:

1. $10 per capita

2. $5 per capita

3. $250 per capita

4. $48 per capita

5. $24 per capita

Reference no: EM13684676

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