Question

What was the ratio of per capita income in each of the following countries to that in the United States in the year 2010:

a. Ethiopia
b. Mexico
c. India
d. Japan

Answer 1

For Countries (per capita) United States of America (per capita)

Ethiopia:

$380 $48,468

Mexico:

$9,271 $48,468

India:

$1,358 $48,468

Japan:

$44,508 $48,468

Step-by-step explanation:

Ratio per Capita also known as Gross Domestic Product per Capita (GDP Capita) is the monetary measure of the market value of all the final goods and services produced in a specific time period within the country in view. It is useful for comparing national economies of different countries on the international market.