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 Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781305971509
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: Production And Growth
Section: Chapter Questions
Problem 7QR
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![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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fee8beda3-8375-49a0-8f6a-78f7e8c1a767%2F22786c54-1965-4707-8907-1e6da9690130%2Fgizauui_processed.png&w=3840&q=75)
Transcribed Image Text: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.
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