Question

One way to measure a country's economy is per capita gross domestic product, or per capita GDP. This is the value of all the products and services produced in a country over the course of a year divided by its population. According to the Trading Economics, in 2019, Australia had a per capita GDP of $57,701. If the population was about 25.36 million, which of the following is a reasonable estimate for the GDP of Australia? $13.6 trillion $13.6 billion $2.36 trillion $1.36 billion $1.36 trillion

          One way to measure a country's economy is per capita gross domestic product, or per capita GDP. This is the value of all the products and services produced in a country over the course of a year divided by its population. According to the Trading Economics, in 2019, Australia had a per capita GDP of $57,701. If the population was about 25.36 million, which of the following is a reasonable estimate for the GDP of Australia?

$13.6 trillion
$13.6 billion
$2.36 trillion
$1.36 billion
$1.36 trillion

One way to measure a country's economy is per capita gross domestic product, or per capita GDP. This is the value of all the products and services produced in a country over the course of a year divided by its population. According to the Trading Economics, in 2019, Australia had a per capita GDP of 57,701. If the population was about 25.36 million, which of the following is a reasonable estimate for the GDP of Australia?13.6 trillion
13.6 billion2.36 trillion
1.36 billion1.36 trillion

Added by Sergio W.

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