Macroeconomics

Ethiopia has a GDP of $8 billion (measured in U.S. dollars) and a population of 55 million. Costa Rica has a GDP of $9 billion (measured in U.S. dollars) and a population of 4 million. Calculate per capita GDP for each country.

a) Ethiopia = $145.00 Costa Rica = $2250.00

b) Ethiopia = $1450.00 Costa Rica = $22,500.00

c) Ethiopia = $14.50 Costa Rica = $225.00

d) Ethiopia = $14.50 Costa Rica = $2250.00