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cmartinez034 cmartinez034
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A year ago
Scenario: The price of a standard basket of goods in Country A is 10 pesos. The price of the same basket of goods in country B is 25 francs and $5 in the United States. Country A has an income per capita of 60,000 pesos, and country B has an income per capita of 100,000 francs. Assume full employment in both countries.


Refer to the scenario above. The difference between the GDP per capita in Country A and country B is ________.

▸ $60,000

▸ $10,000

▸ $20,000

▸ $40,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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bigmatic94bigmatic94
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A year ago
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