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Growth rate of real gdp and the population growth

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Reference no: EM132406031

1. Brazil's real GDP was 1,180 trillion rial in 2016 and 1,202 trillion rial in 2017. Brazil's population was 198 million in 2016 and 200 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 Brazil to double if the 2014 growth rate of real GDP and the population growth rate are maintained.

Reference no: EM132406031

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