What is the income per worker in Arctica?
Question 7 (8 pts.) Suppose you are given the following information for the country Lusitania: Show more Question 7 (8 pts.) Suppose you are given the following information for the country Lusitania: 2012 Population; total in Lusitania 190 million Employment 80 million Gross Domestic Product (GDP) $ 2.476 billion US a. What is the income per capita in Lusitania? (1 pt.) b. What is the income per worker in Lusitania? (1 pt.) The following table gives you the same information for the country Arctica. 2012 Population; total in Arctica 190 million Employment 80 million Gross Domestic Product (GDP) $ 2.476 billion US c. What is the income per captia in Arctica? d. What is the income per worker in Arctica? (1 pt.) e. Based on the given information would Arctica be considered more productive than Lusitania? Explain your answer? (2 pts.) f. How would you use the information given in both these tables to compare living standard in Lusitania and Arctica? (2 pts.) Show less