Economic growth rate and growth rate of real GDP per person

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Isreal's real GDP was 514 billion new shekels in 2005 and 534 billion new shekels in 2006. Israel's population growth rate in 2006 was 2.2 percent. Calculate Israel's economic growth rate and growth rate of real GDP per person in 2006.

Reference no: EM131095527

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Economic growth rate and growth rate of real GDP per person : Isreal's real GDP was 514 billion new shekels in 2005 and 534 billion new shekels in 2006. Israel's population growth rate in 2006 was 2.2 percent. Calculate Israel's economic growth rate and growth rate of real GDP per person in 2006.

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