Australia GDP- $1.323 trillion Australia GDP per capita- $53,799 United States GDP- $19.39 trillion United States GDP per capita- $59,531 What can be inferred based on the above information? Questi

Australia GDP- $1.323 trillion   

Australia GDP per capita- $53,799

United States GDP- $19.39 trillion

United States GDP per capita- $59,531

What can be inferred based on the above information?

Question 1 options:

a.) Australia's economy is larger and stronger than the economy of the U.S.

b.)The literacy rate and standard of living in Australia is much lower than that of the U.S.

c.)Although the U.S. produces more than Australia, their standard of living would be quite similar

d.)Because Australia's population is smaller, they will have a lower standard of living