Question

The GDP is $123.7 billion. The population is 4 million. Find the per capita GDP.

Answer 1

(123.7*10^9)/(4*10^6)=$30,925

i think thats correct

Answer 2

The per capita GDP is 30.925.

Explanation:

Since,

`\text{Per capita GDP}=\frac{\text{Real GDP}}{\text{Population}}`

Here,

The real G.D.P. = $123.7 billion = $ 123700 million

( 1 Billion = 1000 Million ),

Also, Population = 4 million,

By Substituting the values in the above formula,

`\text{Per capita GDP}=(123700)/(4)=30925= 30.925`