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Mexico's real GDP was 14136 billion pesos in 2015 and 14461 billion pesos 2016. Mexico's population growth rate in 2016 was 1.0 percent. Calculate a.
Mexico's real GDP was 14136 billion pesos in 2015 and 14461 billion pesos 2016.
Mexico's population growth rate in 2016 was 1.0 percent.
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 Mexico to double if the 2016 growth rate of real GDP and the population growth rate are maintained.
The growth rate of real GDP in Mexico in 2016 was ____? percent
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