An imaginary Country X's nominal GDP is $60, GDP deflator is $15 and population is 40....

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An imaginary Country X's nominal GDP is $60, GDP deflator is $15 and population is 40. Country Y's nominal GDP is $72, GDP deflator is 120 and population is 50. Based on these, which country is likely to have the higher standard of living? D Select one: a. Country X because it has the lower population. Ob. Country Y because it has the higher population. Country X because it had the higher real GDP per person. Country Y because it had the higher real GDP per person. C. O d. An imaginary Country X's nominal GDP is $60, GDP deflator is $15 and population is 40. Country Y's nominal GDP is $72, GDP deflator is 120 and population is 50. Based on these, which country is likely to have the higher standard of living? D Select one: a. Country X because it has the lower population. Ob. Country Y because it has the higher population. Country X because it had the higher real GDP per person. Country Y because it had the higher real GDP per person. C. O d.

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