Calculate the GNP per head of the population in year 1 and year 2.
Answer Details
To calculate GNP per head of the population, we need to divide the GNP by the population.
For Year 1:
GNP per head = GNP/Population = N200,000/N200 = N1000.00
For Year 2:
GNP per head = GNP/Population = N225,000/N200 = N1125.00
Therefore, the GNP per head for Year 1 is N1000.00 and for Year 2 is N1125.00.
The answer is option D: N1000.00; N1125.00.
