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- $53,799United States GDP- $19.39 trillionUnited States GDP per capita- $59,531What 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 similard.)Because Australia’s population is smaller, they will have a lower standard of living