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    geometric mean rate of growth

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    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.

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    https://brainmass.com/economics/macroeconomics/geometric-mean-rate-of-growth-18684

    Solution Summary

    Calculate the geometric mean rate of growth.

    $2.19