Suppose that the population of Mexico grew by 2.5% per year from 2013 to 2018. In which years were per capita real GDP growth po
1 answer:
Per capita real GDP was positive in 2014, 2015 and 2016.
<h3>What is per capita real GDP? </h3>
Per capita real GDP is real GDP growth divided by population growth. It is a measure of the standard of living of the country.
Per capita real GDP = real GDP growth / population growth
Real GDP growth = nominal GDP growth - price growth
What is the per capita GDP growth from 2013 to 2018?
2013: (2.9 - 1.5) / 2.5% = 0.56%
2014: (7.2 - 4.4) / 2.5% = 1.12%
2015: (6.1 - 2.8) / 2.5% = 1.32
2016: (8.3 - 5.4) / 2.5 = 1.16
2017: (8.8 - 6.7) / 2.5 = 0.84
2018: (7.1 - 5.0) / 2.5 = 0.84
Please find attached the required table. To learn more about per capita GDP, please check: brainly.com/question/15694733
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