From 1980 to 2016,the Average Annual Growth Rate for the Mexican

question 74

Multiple Choice

From 1980 to 2016,the average annual growth rate for the Mexican economy has been 0.7 percent.Based on that growth rate and using the rule of 70,the number of years it will take real GDP per capita to double in Mexico is approximately

• A)10 years.
• B)22 years.
• C)56 years.
• D)100 years.

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Definitions:

Non-Controlling Interest

A minority stake in a company or subsidiary where the shareholder does not have control over company's policies or decisions.

Unrealized Profit

Profit earned on paper from an investment that has increased in value but has not yet been sold by the investor.

Consolidated SFP

The Consolidated Statement of Financial Position, which shows the financial position of a parent company and its subsidiaries as a single entity.

Subsidiary's Net

Subsidiary's net often refers to the net income or net assets of a subsidiary company after accounting for its financial activities and obligations.