using the data in the table above, real gdp per person in 2009 is\n7 percent.\n$71,429.\n$70…

using the data in the table above, real gdp per person in 2009 is\n7 percent.\n$71,429.\n$70 trillion.\n$75,000.\n$70,000.

using the data in the table above, real gdp per person in 2009 is\n7 percent.\n$71,429.\n$70 trillion.\n$75,000.\n$70,000.

Answer

Explanation:

Step1: Convert real GDP to dollars

Real GDP in 2009 is (7.00) trillions of 2009 dollars. Since (1) trillion ( = 10^{12}), (7) trillion (=7\times10^{12}) dollars.

Step2: Convert population to number of people

Population in 2009 is (100.0) millions. Since (1) million (= 10^{6}), (100) million (=100\times10^{6}=1\times 10^{8}) people.

Step3: Calculate real GDP per person

Real GDP per person (=\frac{\text{Real GDP}}{\text{Population}}=\frac{7\times 10^{12}}{1\times 10^{8}}) Using the rule of exponents (\frac{a^{m}}{a^{n}}=a^{m - n}), we have (\frac{7\times 10^{12}}{1\times 10^{8}}=7\times10^{12-8}=7\times 10^{4} = 70000)

Answer:

($70,000)