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.

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