Question

This Question: 2 pts < 62 of 64 (37 complete) Year Population billions) The table provides some data on real GDP and the population of Europa in 2015 and 2016 What was the growth rate of real GDP in Europa in 2016? What was the growth rate of real GDP per person in Europa in 20167 >>> Answer with a whole number The growth rate of real GDP in Europa in 2016 is percent 2015 2016 Real GOP fillions of euroa) 100.000 106,080 200 204 The gowth rate of real GDP per person in Europa in 2016 was percent

Answer 1

Answer
gorwth rate =((amount of the year - last year amount )/last year amount)*100
real GDP growth rate =((106080-100000)/100000)*100=6.08
=6%
Per capita GDP =(real GDP/Population)
per capita GDP in 2015=100000/200=500
per capita GDP in 2016=106080/204=520

per capita GDP growth rate =((520-500)/500)*100
=4%