A country has a GDP of 2000 billion euros and 50 million inhabitants. What is the GDP per inhabitant?
Answer and explanation
Correct answer: B. 40 thousand euros
- Step 1: GDP per capita = GDP / population. Step 2. 2000 billion / 50 million = 40 thousand euros. Answer: 40 thousand euros. Why not the others: 0.025 thousand euros: the ratio was inverted. 100000 thousand euros: the numbers were multiplied. 1950 thousand euros: the numbers were subtracted.
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