Economic Growth Part 1 - Check Your Understanding- Answer the questions. Canada China Chile GDP growth rate 2015 0.9% 6.9% 2.3% 2016 1.5% 6.7% 1.6% 2017 3.0% 6.8% 1.4% GDP per capita 2015 $47, 100 $14,800 $24,400 2016 $47,200 $15,700 $24,500 2017 $48, 100 $16,600 $24,600 Source: CIA Factbook 1. Calculate the growth rate in real GDP per capita for Canada, China, and Chile from 2016 to 2017. 2. Explain why the growth rate in real GDP per capita is a more accurate way to measure economic growth than the real GDP growth rate. 3. Identify one reason that could explain why China has a higher GDP per capita growth rate than Canada or Chile