ISLAND ONLINE My Island Online Courses Moving to another question will save thts

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ISLAND ONLINE My Island Online Courses Moving to another question will save thts response. « Question 23 of 25 Question 23 Upland has a population of 15,000, of whom 9,000work 8 hours a day to produce real output of $342,000. Lowland has a population of 8,000, of whom 7,000 work 7 hours a day to produce real output of $171,500. -a. Upland has higher productivity but lower real GDP per person than Lowland b. Upland has lower productivity and lower real GDP per person than Lowland e. Upland has lower productivity but higher real GOP per person than Lowland d. Upland has higher productivity and higher real GDP per person than Lowland. g to another qestion will save this response. « Question 23 of 25 @0

Explanation / Answer

Option (d).

In Upland, number of hours = 9,000 x 8 = 72,000

Productivity = Real output / Number of hours = $342,000 / 72,000 = $4.75

Real GDP per person = Real output / Population = $342,000 / 15,000 = $22.8

In Lowland, number of hours = 7,000 x 7 = 49,000

Productivity = $171,500 / 49,000 = $3.5

real GDP per person = $171,500 / 8,000 = $21.44

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