<span>The four factors that determine wage differentials include
efficiency in labor, where skilled workers may get higher pay than the
unskilled ones; working conditions is another factor, as performing one’s job
in dangerous areas may give higher pay to compensate for the risks involved;
discrimination also affects the wage rates and said rates may be biased against
a certain person or group; lastly, there is the demand for laborers across
occupations that vary, and the wage paid may depend on the desirability or the
requirements needed for a certain job.</span>
Answer:
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GDP per capita for this year is $5000
GDP per capita for next year is $4760
GDP per capita for next year is $5100
<h3>What is the GDP per capita?</h3>
GDP per capita is the gross domestic product of a country divided by the total population of that country.
GDP per capita = GDP / population
GDP per capita for this year = $10 billion / 2 million = $5000
GDP per capita for next year = $10 billion / ( 2 x 1.05) = $4760
GDP per capita for next year = (10 billion x 1.03) / ( 2 x 1.01) = $5100
To learn more about GDP, please check: brainly.com/question/15225458
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