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f GDP is $15 trillion and the population is 300 million, then the GDP per capita is Blank______.Multiple choice question.$5,000$4,500,000$50,000$50

Question

If GDP is $15 trillion and the population is 300 million, then the GDP per capita is _____.

Multiple choice question:

  • $5,000
  • $4,500,000
  • $50,000
  • $50
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Solution

To find the GDP per capita, you need to divide the total GDP by the population.

Step 1: Identify the total GDP and the population.

  • Total GDP = $15 trillion
  • Population = 300 million

Step 2: Convert the GDP into the same unit as the population.

  • 15trillion=15 trillion = 15,000,000,000,000
  • 300 million = 300,000,000

Step 3: Divide the total GDP by the population.

  • GDP per capita = $15,000,000,000,000 / 300,000,000

Step 4: Perform the division.

  • GDP per capita = $50,000

Therefore, the GDP per capita is $50,000.

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