(Table 6: Real GDP and Population Data) Table 6 Provides

question 3

Multiple Choice

(Table 6: Real GDP and Population Data) Table 6 provides data on real GDP, population, and the GDP deflator measures for four countries for 2018. What was GDP per capita in country A in 2018?
$\begin{array}{l}\text { Table 6: Real GDP and Population Data, } 2018\\\begin{array}{|c|c|c|c|c|}\hline & \text { Country A } & \text { Country B } & \text { Country C } & \text { Country D } \\\hline \begin{array}{c}\text { Real GDP (millions } \\\text { of dollars) }\end{array} & \$ 4,000 & \$ 10,000 & \$ 8,000 & \$ 16,000 \\\hline \text { Population (millions) } & 4 & 5 & 2 & 4 \\\hline \text { GDP deflator } & 1.10 & 1.02 & 1.05 & 1.00 \\\hline\end{array}\end{array}$

• A) $1,100
• B) $909
• C) $2,000
• D) $1,000

---

Definitions:

Mars, Inc.

A global manufacturer of confectionery, pet food, and other food products, known for brands like M&M's, Snickers, and Pedigree.

Personal Photos

Photographs taken by individuals that capture personal moments, memories, or experiences, typically not intended for commercial use.

Time Utility

The value added to products or services by making them available at a time convenient for consumers, enhancing customer satisfaction.

Place Utility

The value added to products or services by having them available at a convenient place for consumers.