Question

If real GDP for a country increased from $10 trillion to $10.5 trillion from year 1 to year 2, and the population in the country increased from 200 million to 215 million from year 1 to year 2, then, for this country:

Answer 1

For this country, the per capita for this country decreased.

What is per capita GDP?

Per capita GDP is the total real GDP of a country divided by total population. Per capita GDP is used to determine the standard of living of an economy. The higher the per capita GDP, the better the standard of living of citizens of the country.

Per capita GDP = real GDP / Population

Per capita GDP in year 1 = $10 trillion / 200 million = 0.05 trillion

Per capita GDP in year 2 = $10.5 / 215 million = 0.049 trillion

To learn more about GDP, please check: https://brainly.com/question/15225458