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

jake82

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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. The GDP per capita in Country A adjusted for purchasing power parity (PPP) is equal to ________.

▸ $50,000

▸ $27,200

▸ $34,000

▸ $53,125

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 25 times

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jake82 Author

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This helped my grade so much Perfect

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Thanks for your help!!

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Correct

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