Sco's real GDP was 14,461 billion pesos in 2016 and 14,702 billion pesos in 2017 ico's population was 121 milion in 2016 and 122 million in 2017 culate he growth rate of real GDP he growth rate of real GDP per person the approximate number of years it takes for real GDP per person in Mexico to double if the 2017 growth rate of real GDP and the population g

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
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Mexico's real GDP was 14,461 billion pesos in 2016 and 14,702 billion pesos in 2017
Mexico's population was 121 milion in 2016 and 122 million in 2017
Calculate
a The growth rate of real GDP
b. The growth rate of real GDP per person
c The approximate number of years it takes for real GDP per person in Mexico to double if the 2017 growth rate of real GDP and the population growth rate are maintained
The growth rate of real GDP in Mexico in 2017 was percent
>> Answer to 1 decimal place
The growth rate of real GDP per person in Mexico in 2017 was percent
> Answer to 1 decimal place
The approximate number of years it takes for real GDP per person in Mexico to double if the 2017 growth rate of real GDP and population growth rate are maintained is
Answer with a whole nurmber
Transcribed Image Text:Mexico's real GDP was 14,461 billion pesos in 2016 and 14,702 billion pesos in 2017 Mexico's population was 121 milion in 2016 and 122 million in 2017 Calculate a The growth rate of real GDP b. The growth rate of real GDP per person c The approximate number of years it takes for real GDP per person in Mexico to double if the 2017 growth rate of real GDP and the population growth rate are maintained The growth rate of real GDP in Mexico in 2017 was percent >> Answer to 1 decimal place The growth rate of real GDP per person in Mexico in 2017 was percent > Answer to 1 decimal place The approximate number of years it takes for real GDP per person in Mexico to double if the 2017 growth rate of real GDP and population growth rate are maintained is Answer with a whole nurmber
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