Country X has a total Gross Domestic Product (GDP) of $500 billion, while Country Y has a total GDP of $400 billion. However, an economist correctly states that Country Y has a higher GDP per capita than Country X. Which of the following statements must be true to explain this situation?

Calculating GDP Per Capita for a Hypothetical Nation

If a country's total economic output grows by 5% in a year, while its population also grows by 5% in the same year, the average economic output per person will remain unchanged.

Analyzing Economic Change in a Small Nation

Match each component with its correct role in the calculation of a country's average economic output per person.

Designing a Scenario of Diverging Economic Indicators

A country with a total economic output of $2 trillion and a population of 50 million has an average economic output per person of $____.

Evaluating Economic Policy Options

Calculating Total Economic Output

The table below provides economic data for three different countries. Based on this information, which option correctly ranks the countries from the largest population to the smallest population?