Business, 18.02.2020 22:52, Elliendc7939

Last year Country A had a population of 16 million, nominal GDP of 480,000 million, and a GDP deflator of 120. Country B had a population of 10 million a nominal GDP of 400,000 million and a GDP deflator of 125. Which country is likely to have the higher standard of living?

A. Country B because it has the higher level of real GDP per person.
B. Country B because it has the higher level of nominal GDP per person.
C. Country A because it has the higher level of real GDP per person.
D. Country A because it has the higher level of nominal GDP per person.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:30, jordaaan101

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Answers: 1

continue

Business, 22.06.2019 01:30, kel3194

Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation

Answers: 1

continue

Business, 22.06.2019 10:50, slavenkaitlynn

Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker

Answers: 1

continue

Business, 22.06.2019 11:20, johnlecona210

Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii

Answers: 1

continue

Do you know the correct answer?

Last year Country A had a population of 16 million, nominal GDP of 480,000 million, and a GDP deflat...