If Real GDP Is $6 Billion and the Population Is

question 71

Multiple Choice

If Real GDP is $6 billion and the population is 300,000,per-capita Real GDP is

• A) $30,000.
• B) $20,000.
• C) $33,333.
• D) $39,434.

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Definitions:

Young Adulthood

A life stage between adolescence and full-fledged adulthood, typically considered to range from ages 20 to 40, marked by the pursuit of career, relationships, and independence.

Independent

Free from external control or influence; capable of thinking or acting for oneself.

Dizygotic Twins

Also known as fraternal twins, these are siblings born from two separate eggs fertilized by two separate sperm, sharing about 50% of their DNA, making them genetically similar to typical siblings.

Monozygotic

Referring to twins that originate from a single fertilized egg, resulting in individuals that are genetically identical.