(Answered) Consider 2 countriescountry a has a population of 2000 of

Management Studies

Consider 2 countries:

Country A has a population of 2,000, of whom 1,800 work 6 hours a day to make 128,000 final goods. Country B has a population of 1,500, of whom 1,000 work 8 hours a day to make 270,000 final goods.

a. Calculate each country's productivity. Round your answers to 2 decimals.

b. Calculate each country's real GDP per person.

c. Which country is better off?

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