Explore BrainMass

Explore BrainMass

    geometric mean rate of growth

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Growth rates in real GDP for the past 5 periods are as follows

    Period % Growth Real GDP

    1 +3.5%
    2 +4.25 %
    3 -2.0%
    4 +2.5%
    5 +4.5%

    Calculate the geometric mean rate of growth.

    © BrainMass Inc. brainmass.com November 30, 2021, 12:04 am ad1c9bdddf
    https://brainmass.com/economics/macroeconomics/geometric-mean-rate-of-growth-18684

    Solution Summary

    Calculate the geometric mean rate of growth.

    $2.49

    ADVERTISEMENT