Updated on August 6, 2022
relatively small per-capita GDP?
A. Yes, since the country with a relatively large GDP could have a
relatively large population.
B. No, since countries with a relatively large GDP (such as the
United States and Japan) also have relatively high per-capita
C.Yes, but only under the condition that the country “produces”
relatively more “bads” than other countries.
D.Yes, since government transfer payments may be exorbitantly high
in the country with the relatively high GDP.
E.There is not enough information to answer this question
The answer is option a- Yes, since the country with a relatively
large GDP could also have a relatively large population.