Macroeconomics 11th Edition by Michael Parkin

تمرين 25

Brazil's real GDP was 1,520 trillion reais in 2011 and 1,585 trillion reais in 2012. Brazil's population was 195 million in 2011 and 196.5 million in 2012. 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 Brazil to double if the 2012 growth rate of real GDP and the population growth rate are maintained.