Using the following data, calculate the annual growth rate of real GDP per person for China...
Using the following data, calculate the annual growth rate of real GDP per person for China for the years in the table.
| Year | Real GDP per Capita (in 1996 U.S. dollars) |
|---|---|
| 2000 | 4,001 |
| 2001 | 4,389 |
| 2002 | 4,847 |
| 2003 | 5,321 |
| 2004 | 5,771 |
Calculate the annual growth rate of real GDP per person for China
for the given years. Round your answer to the nearest tenth of a
percent.
Growth rate, 2001:
%
Growth rate, 2002:
%
Growth rate, 2003:
%
Growth rate, 2004:
%
Homework Answers
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Using the following data, calculate the annual growth rate of
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