Ethiopia has a GDP of $8 billion (measured in U.S. dollars) and a population of 55

Chapter 19, Problem 31

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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 the per capita GDP for each country and identify which one is higher.

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