Country A
Real GDP: \$120,000
Population: 200
Per Capita GDP:
Country B
Real GDP: \$150,000
Population: 500
Per Capita GDP:
Refer to the above table. Which of the following statements is true?
Country B has a larger total economic output and its per capita GDP is higher than Country A.
Country A has a larger total economic output than Country B, but its per capita GDP is lower.
Although total economic output for Country B is higher than for Country A, per capita GDP is the same for both countries.
Country A has a smaller total economic output than Country B, but its per capita GDP is higher.
