(Table) Look at the Table of Data for Two Countries;

question 28

Multiple Choice

(Table) Look at the table of data for two countries; which statement correctly identifies the country in which consumers are better off on average and why? $$\begin{array} { | l | l | l | l | l | } \hline \text { Country } & \text { GDP for } 2016 & \text { Population } & \begin{array} { l } \text { Consumer } \\\text { purchases as a } \\\text { share of GDP }\end{array} & \begin{array} { l } \text { Investment as a } \\\text { share of GDP }\end{array} \\\hline \text { Econoland } & \text { S40 billion } & 20 \text { million } & 70 \% & 15 \% \\\hline \text { Macroland } & \$ 80 \text { billion } & 42 \text { million } & 80 \% & 9 \% \\\hline\end{array}$$

• A) Econoland because its GDP per capita is higher.
• B) Macroland because its GDP per capita is higher.
• C) Econoland because its consumption purchases per capita is higher.
• D) Macroland because its consumption purchases per capita is higher.