Japans real gdp was 525 trillion yen in2009 and 535, Ask an Expert

Economics

Japan's real GDP was 525 trillion yen in2009 and 535 trillion yen in 2010. Japan's population was 127.6 million in 2009 and 127.5 million in 2010. Calculate

a. The economic growth rate,
b. The growth rate of real GDP per person.
c. The approximate number of years it takes for real GOP pee person in Japan (0 double if the real GDP economic growth rate returns to 3 percent a year and the population growth race is maintained

Chinas real GDP per person was 9,280 yuan' in 2009 and 10,110 yuan in 2010. India's real GDP per person was 30,880 rupees in 2009 and 32,160 rupees in 2010.

a.The population of China isgrowing at 1percent a year and the population of India is growing at l.4percent a year. Calculate the growth rate of real GDP in each country.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9742878

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