Last Year the Imaginary Country of Basova Had a Population

question 54

Multiple Choice

Last year the imaginary country of Basova had a population of 10,000,6,000 people worked 8 hours a day,and produced a real GDP of $30,000,000.The imaginary country of Andovia had a population of 12,000,8,000 people worked 8 hours a day,and produced a real GDP of $38,000,000.Which of the following is correct?

• A)Basova had higher productivity and higher real GDP per person.
• B)Andovia had the higher productivity and higher real GDP per person.
• C)Basova had the higher productivity while Andovia had the higher real GDP per person.
• D)Andovia had the higher productivity while Basova had the higher real GDP per person.

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Definitions:

High-Level Miniaturization

The process of making devices or components smaller and more efficient while maintaining or enhancing their functionality.

Peer-to-Peer Lender

A financial arrangement where individuals lend and borrow money directly from each other, bypassing traditional financial institutions.

Peer Economy

An economic model based on sharing access to goods and services between individuals, often facilitated through online platforms.

Vehicle-Sharing Service

A model of car rental where individuals can rent vehicles for short periods of time, often by the hour, facilitating urban mobility and reducing private car ownership.