Macroeconomics 11th Edition by Michael Parkin

Exercise 30

Mexico's real GDP was 9,100 trillion pesos in 2011 and 9,550 trillion pesos in 2012. Mexico's population was 109.7 million in 2011 and 110.8 million in 2012. Calculate
a. The growth rate of real GDP.
b. The growth rate of real GDP per person.
c. The approximate number of years it takes for real GDP per person in Mexico to double if the 2012 growth rate of real GDP and the population growth rate are maintained.