1.1 Brazils real GDP was 1,180 trillion reais in 2013 and 1,202 trillion reais in 2014. Brazils...

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1.1 Brazil’s real GDP was 1,180 trillion reais in 2013 and 1,202 trillion reais in 2014. Brazil’s population was 198 million in 2013 and 200 million in 2014. Calculate:

a The growth rate of real GDP and the growth rate of real GDP per person.

c How many years will it take for real GDP per person in Brazil to double if the 2014 growth rate and population growth rate are maintained.

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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Question Posted: Nov 07, 2024 03:00 AM

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1.1 Brazils real GDP was 1,180 trillion reais in 2013 and 1,202 trillion reais in 2014. Brazils...

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