During 2017, the country of Economia had a real GDP of $115 billion and the population was 0.9 billion. In 2016, real GDP was 105 billion and the population was 0.85 billion. Economia's growth rate of real GDP per person is

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The growth rate of real GDP per person can be calculated by first finding the real GDP per person for each year and then calculating the percentage growth. For 2016, real GDP per person = $105 billion / 0.85 billion = $123.53. For 2017, real GDP per person = $115 billion / 0.9 billion = $127.78. The growth rate = [(127.78 - 123.53) / 123.53] * 100 = 3.23 percent.

During 2017, the Country of Economia Had a Real GDP