Last year real gdp in the imaginary nation of populia was 907.5 billion and the population was 3.3 million. the year before real gdp was 750 billion and the population was 3 million. what was the growth rate of real gdp per person during the year? 10 percent

Real GDP per person would be calculated as follow;

Previous Year 907.5/3.3=275. Now the year before 750/3=250

Growth rate of real GDP = ((275-250)/250

=10 percent

So the answer is “10 %”.

GDP refers to total market worth of the whole objects and other services of a nation in a specific time frame.

the first settlements began along the huang river because of the importance of the huang river in the beginning of china. it goes back to the story, “the tale of emperor yu”, which references the tale of the great flood, which was caused by the huang river and was believed to create and influence china’s making.