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AssignmentMultiple Choice

Federal Budget

Question 1 • FL-2106020-M/J Civics Advanced B

Sammi is writing a paper for an economics class and wants to compare the standard of living of two countries. How could Sammi accomplish this?

Answer
A
by calculating each country’s population and dividing it by its GDP
B
by combining both GDPs and dividing this by their populations
C
by determining which country has the larger GDP
D
by finding each country’s GDP and dividing it by its population

Explanation

To compare standard of living, Sammi should compare GDP per person, also called GDP per capita. Calculate each country’s GDP and divide it by that country’s population; a higher GDP per capita generally indicates a higher average standard of living. Choice D describes this calculation.

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