The following data shows the national income figures, price indices and population for a hypothetical country in years 2006 and 2007.

2006

National income = RM5,000 million

Price Index (year 2000 = 100) = 120

Population= 10 million

2007

National Income = RM7,200 million

Price Index (year 2000 = 100) = 160

Population = 11 million

(i) Calculate the real GDP in years 2006 and 2007. (4 marks)

(ii) Calculate the real GDP per capita in years 2006 and 2007. (4

marks)

(iii) Calculate the rate of economic growth between 2006 and 2007.

(4 marks)