The GDP in Argentina is \( \$ 637 \) billion. The rate of inflation is \( 2.5 \% \). If the population of Argentina is \( 43,937,000 \), find the per capita GDP in this country. Real GDP \( = \) GDP \( -( \) (GDP. Inflation Rate \( ) \) Per Capita GDP \( =\frac{\text { ReapD }}{\text { Poputaion }} \) Per Capita GDP \( =\$[?] \) Round to the nearest cent.

To calculate the **Per Capita GDP** for Argentina, follow these steps: 1. **Calculate Real GDP:** \[ \text{Real GDP} = \text{GDP} - (\text{GDP} \times \text{Inflation Rate}) \] Given: - GDP = \$637 billion - Inflation Rate = 2.5% = 0.025 \[ \text{Real GDP} = 637 - (637 \times 0.025) = 637 \times 0.975 = 621.075 \text{ billion dollars} \] 2. **Calculate Per Capita GDP:** \[ \text{Per Capita GDP} = \frac{\text{Real GDP}}{\text{Population}} \] Given: - Real GDP = \$621.075 billion = \$621,075,000,000 - Population = 43,937,000 \[ \text{Per Capita GDP} = \frac{621,075,000,000}{43,937,000} \approx 14,135.58 \text{ dollars} \] **Rounded to the nearest cent:** \[ \text{Per Capita GDP} = \$14,135.58 \] **Final Answer:** \(\boxed{\$14,\!135.58}\)