Problem 4 GDP Flucutation and Average growth We provide the Singapore's real GDP per capita from year 2000 to 2016 online. Please compute the average growth rate and the flucuation term of the GDP. A Year GDP per capita in 2010 usd 2000 33390.05848 2001 32191.94009 2002 33242.98633 2003 35233.13448 2004 38117.41053 2005 40020.26016 2006 42223.89136 2007 44191.23809 2008 42650.10208 2009 41133.29981 2010 46569.67951 2011 48447.68058 2012 49103.70878 2013 50731.29694 2014 51865.71799 2015 52244.58649 2016 52600.64123
Problem 4 GDP Flucutation and Average growth We provide the Singapore's real GDP per capita from year 2000 to 2016 online. Please compute the average growth rate and the flucuation term of the GDP. A Year GDP per capita in 2010 usd 2000 33390.05848 2001 32191.94009 2002 33242.98633 2003 35233.13448 2004 38117.41053 2005 40020.26016 2006 42223.89136 2007 44191.23809 2008 42650.10208 2009 41133.29981 2010 46569.67951 2011 48447.68058 2012 49103.70878 2013 50731.29694 2014 51865.71799 2015 52244.58649 2016 52600.64123
Chapter1: Making Economics Decisions
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Problem 1QTC
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Transcribed Image Text:Problem 4 GDP Flucutation and Average growth
We provide the Singapore's real GDP per capita from year 2000 to 2016
online. Please compute the average growth rate and the flucuation term of the
GDP.
A
Year
GDP per capita in 2010 usd
2000
33390.05848
2001
32191.94009
2002
33242.98633
2003
35233.13448
2004
38117.41053
2005
40020.26016
2006
42223.89136
2007
44191.23809
2008
42650.10208
2009
41133.29981
2010
46569.67951
2011
48447.68058
2012
49103.70878
2013
50731.29694
2014
51865.71799
2015
52244.58649
2016
52600.64123
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