Question

Suppose that the population of Mexico grew by 2.5% per year from 2013 to 2018. In which years were per capita real GDP growth positive?

Answer 1

Per capita real GDP was positive in 2014, 2015 and 2016.

What is per capita real GDP?

Per capita real GDP is real GDP growth divided by population growth. It is a measure of the standard of living of the country.

Per capita real GDP = real GDP growth / population growth

Real GDP growth = nominal GDP growth - price growth

What is the per capita GDP growth from 2013 to 2018?

2013: (2.9 - 1.5) / 2.5% = 0.56%

2014: (7.2 - 4.4) / 2.5% = 1.12%

2015: (6.1 - 2.8) / 2.5% = 1.32

2016: (8.3 - 5.4) / 2.5 = 1.16

2017: (8.8 - 6.7) / 2.5 = 0.84

2018: (7.1 - 5.0) / 2.5 = 0.84

Please find attached the required table. To learn more about per capita GDP, please check: https://brainly.com/question/15694733