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The following table shows economic data for two countries.Country ACountry BCurrency ...

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The following table shows economic data for two countries.Country ACountry BCurrency ...

The following table shows economic data for two countries.

	Country A	Country B
Currency used	Rupee	Yen
Currency exchange to U.S. $	1 rupee = $0.85	1 yen = $1.05
Population	250 million	250 million
Size of workforce	200 million	180 million
GDP	10 trillion rupee	10 trillion yen
PPP conversion	$1 per 0.80 rupee	$1 per 1.10 yen

Refer to the table above. GDP per capita is higher in which country?

▸ GDP per capita in Country A is equal to the GDP per capita in Country B

▸ Country B

▸ Country A

▸ Cannot determine with the information given above

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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