Andia has a nominal gdp of $600 billion, a gdp deflator of 150 and a population of 40 million. zardia has a nominal gdp of $720 billion, a gdp deflator of 120 and a population of 50 million. based on this information, which country does have a higher standard of living?
a. andia because it had the higher nominal gdp per person.
b. zardia because it had the higher nominal gdp per person.
c. andia because it had the higher real gdp per person.
d. zardia because it had the higher real gdp per person.

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account