The table provides some data on real GDP and the population of Iberia in 2019 and 2020 If the growth rates of 2020 are maintained in future years, when will real GDP per person in Iberia double? If the growth rates of 2020 are maintained in future years, real GDP per person in Iberia will OA. double by 2055 B. double after 70 years OC. double by 2090 OD. never double unless the population stops growing Year 2019 2020 Real GDP (billions of pesos) 180,000 185,436 Population (billions) 300 303

Exploring Economics
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ISBN:9781544336329
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Chapter20: Economic Growth In The Global Economy
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The table provides some data on real GDP and the population of Iberia in 2019
and 2020
If the growth rates of 2020 are maintained in future years, when will real GDP per
person in Iberia double?
If the growth rates of 2020 are maintained in future years, real GDP per person in t
Iberia will
A. double by 2055
B. double after 70 years
C. double by 2090
D. never double unless the population stops growing
Year
2019
2020
Real GDP
(billions of pesos)
180,000
185,436
Population
(billions)
300
303
Transcribed Image Text:The table provides some data on real GDP and the population of Iberia in 2019 and 2020 If the growth rates of 2020 are maintained in future years, when will real GDP per person in Iberia double? If the growth rates of 2020 are maintained in future years, real GDP per person in t Iberia will A. double by 2055 B. double after 70 years C. double by 2090 D. never double unless the population stops growing Year 2019 2020 Real GDP (billions of pesos) 180,000 185,436 Population (billions) 300 303
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