Brazils real GDP was 1,360 trillion reais in 2009 and 1,434 trillion reais in 2010. Brazils population

Question:

Brazil’s real GDP was 1,360 trillion reais in 2009 and 1,434 trillion reais in 2010. Brazil’s population was 191.5 million in 2009 and 193.3 million in 2010. Calculate
a. The economic growth rate.
b. The growth rate of real GDP per person.
c. The approximate number of years it takes for real GDP per person in Brazil to double if the 2010 economic growth rate and population growth rate are maintained.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: