In 1950, the real per capita GDP (in USD) in Mauritius is 4,382, and in 2017 the figure is 20,631. What is the average growth rate for Mauritius? Write your numerical answer in percentage; do not put in symbol '%' in your answer.
In 1950, the real per capita GDP (in USD) in Mauritius is 4,382, and in 2017 the figure is 20,631. What is the average growth rate for Mauritius? Write your numerical answer in percentage; do not put in symbol '%' in your answer.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 33P: An economy starts off with a GDP per capital of 12,000 euros. How large will the GDP per capita be...
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