Respuesta :
Answer:
The per capita GDP of the Czech Republic is 10 U.S. dollars.
Explanation:
Given:
The Czech Republic has a GDP of 4,000 million koruna. The exchange rate is 20 koruna per U.S. dollar. The Czech population is 20 million.
Now, to calculate the per capita GDP of the Czech Republic in U.S. dollars.
So, we convert the GDP Czech Republic 4,000 million koruna to U.S. dollar:
The exchange rate is 20 koruna per U.S. dollar.
By using conversion factor:
[tex]\frac{4000}{20}[/tex] [tex]=200\ million.[/tex]
Thus, the GDP of Czech Republic in U.S. dollars is 200 million U.S dollars.
The population of Czech Republic is 20 million.
Now, to get the GDP per capita of the Czech Republic in U.S. dollars we divide its GDP by its population:
GDP per capita = GDP ÷ Population of Czech Republic
[tex]GDP \ per \ capita = \frac{200}{20}[/tex]
[tex]GDP \ per \ capita = 10.[/tex]
Therefore, the per capita GDP of the Czech Republic is 10 U.S. dollars.
The per capita GDP of the Czech Republic in U.S. dollars is $10,000.
Calculation of the per capita GDP:
As 20 koruna = 1US Dollar
So,
4000 billion koruna (i.e 4000,000,000,000)should be
= 4000,000,000,000/20
= 200,000,000,000 US dollars.
Now per capita GDP is
= 200,000,000,000/ 20,000,000
= 10,000 US dollars.
hence, The per capita GDP of the Czech Republic in U.S. dollars is $10,000.
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