How many times would mexicos 2005 real gdp per person have, Ask an Expert

Economics

Q. Real GDP per person in Mexico in 2005 was about $11,000 per person, while it was about $88,000 per person in the United States. If real GDP per person in Mexico grows at the rate of 5 percent (%) per yr, how long will it take Mexico's real GDP per person to reach the level which the United States was at in 2005? How many times would Mexico's 2005 real GDP per person have to double to reach the United States' 2005 real GDP per person?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9219230

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