Question

Lilliput's aggregate income in 2015 was $48,002,000,500. Suppose the population of Lilliput was 20,100,500 in 2015, of which 16,086,000 people were employed. Therefore, Lilliput's income per capita in 2015 was $ ______

Answer 1

Lilliput's income per capita in 2015 is calculated by dividing the aggregate income by the total population, resulting in an approximate income per capita of $2,388.06.

Step-by-step explanation:

To calculate Lilliput's income per capita for the year 2015, you divide the aggregate income of the country by the total population. In this case, Lilliput had an aggregate income of $48,002,000,500 and a total population of 20,100,500. The formula for income per capita is:

Income per capita = Aggregate Income / Population

Plugging in the numbers from Lilliput gives us:

Income per capita = $48,002,000,500 / 20,100,500

When we carry out this division, we get an income per capita for Lilliput in 2015 approximated to:

Income per capita = $2,388.06

Therefore, Lilliput's income per capita in 2015 was approximately $2,388.06.