It is estimated that in 2007, Mexico had a population of 110 million and GDP of $1 trillion. In 2006, Mexicoʹs population was 104 million and GDP was $839 billion. Per GDP person_________ by_________
Between 2006 and 2007 in Mexico.

Question

Quizplus · Accepted Answer

To calculate GDP per person, we need to divide GDP by population. In 2006, GDP per person was $839 billion / 104 million = $8052. In 2007, GDP per person was $1 trillion / 110 million = $9091. This represents an increase of $1039, or approximately 13%. Therefore, the best choice is C, which states that GDP per person increased by $1038.

It Is Estimated That in 2007, Mexico Had a Population