The income per capita in Baltonia is 64,163 in Baltonian currency. If the price of a basket of goods worth 1 in the U.S. is 5.50 units of Baltonian currency, Baltonia's income per capita in purchasing power parity is:
A) 11,666. B) 10,257.48. C) 2,832. D) 15,624.50.
The price of a given basket of goods in Country 1 is 10 karls. The price of the same basket of goods in Country 2 is 25 ritz and 2 in the U.S. Country 1 has a income per capita of 3,200 karls and Country 2 has a income per capita of 5,500 ritz.
Question 2
If there was a positive technological shock which increased the demand for labor, then
A) imports would increase. B) GDP would decrease.
C) GDP would increase. D) imports would decrease.
The risk of dying before the age of 65 gets lower as family income gets higher.
Regional Variation in Income and Access to the Sea
Natural Capital versus GDP per Capita
Income per Capita versus Inequality
Percentage of higher-income Canadian households