econ

A country has a population of 20,000 people and a GDP of 50 million dollars. What is the per capita GDP of the country?

a.) 2.5 million dollars
b.) 250 dollars
c.) 2,500 dollars
d.) 100 million dollars

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  1. c.) 2,500 dollars

    To find the answer you would divide the GDP by the population. 50 million divided by 20,000 is 2,500 dollars.

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  2. 1. A country has a population of 20,000 people and a GDP of 50 million dollars. What is the per capita GDP of the country?
    B, 2,500

    2. In addition to measuring the population's life expectancy and educational attainment, the United Nations Human Development Index also measures which of the following?
    A, standard of living

    3. If development were based on life expectancy and infant mortality rate alone, which of the following countries would be considered the most developed?
    A, A country with a life expectancy of 79 years and an infant mortality rate of 6 deaths per 1,000 live births.

    4. How should the 99 percent literacy rate of the United States be interpreted?
    C, This literacy rate indicates 99 percent of the U.S. population is able to read.

    5. Which of the following reflects access to quality healthcare in a population?
    D, low infant mortality rate

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  3. Bug is 100% correct

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  4. For developed and less developed nations quick check
    they switched the last question for me
    #5-Which of the following is considered a negative externality of production?
    answer is C- pollution caused by increased economic activity

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  5. Developed and Less Developed Nations Quick Check

    Question
    What is the main difference between a free market economy and a mixed economy?

    the greater availability of public goods in a mixed economy ***
    the greater availability of public goods in a mixed economy

    the stronger governmental control of the free market economy
    the stronger governmental control of the free market economy

    the focus on bartering and agriculture in a mixed economy
    the focus on bartering and agriculture in a mixed economy

    the greater externalities in a free market economy

    ____
    yeah the other possible #5

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  6. Developed and Less Developed Nations Quick Check.
    For #5 my question was;

    "Given the choice of GDP or GDP per capita, which is a better measure of the standard of living in a country and why"?
    -GDP per capita is a better measure because it measures wealth per person-

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