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(b) The table below shows the value of Real GNP and total population of Malaysia in 2016 and 2017. Year Real GNP (RM billion) Population
(b) The table below shows the value of Real GNP and total population of Malaysia in 2016 and 2017. Year Real GNP (RM billion) Population (millions) 2016 50,000 100 2017 55,000 105 i. Calculate the real GNP per capita for 2016 and 2017. ii. What is the growth rate for 2017? iii. Malaysian economists expecting the Real GNP will achieve RM 65,000 billion in 2018. Calculate the growth rate in 2018 and explain the trends of economic growth in Malaysia for 2017 and 2018
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