A tiny island country has a gross domestic product (GDP) of $25 million and a population of 500 citizens. What is its GDP per capita?(1 point)Responses$2,000$2,000$125 million$125 million$50,000$50,000$25 million
The GDP per capita is calculated by dividing the GDP by the population of the country.
In this case, the GDP per capita would be $25 million divided by 500, which equals $50,000.
Therefore, the correct answer is $50,000.