Business, 03.07.2020 18:01 letsgetcookingblog

in 2005 China’s RGDP was 7,394 billion yuan. In 2006 its RGDP was about 8,000 billion yuan. China’s population was 1,306.6 million in 2005 and 1,313.1 million in 2006. Calculate China’s RGDP growth rate in 2006, the growth rate of real GDP per person in 2006 (using the approximation formula), and the approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained. China’s RGDP growth rate in 2006 was percent. Round up your answer to the first decimal. China’s growth rate of real GDP per person in 2006 (using the approximation formula) was percent. Round up your answer to the first decimal. It will take China approximately years to double its real GDP per person. Round up your answer to a full number (no decimals).

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in 2005 China’s RGDP was 7,394 billion yuan. In 2006 its RGDP was about 8,000 billion yuan. China’s...

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