Question
We have the following data on Portugal 1960 GDP (billions 2005 US$) 23.109 8.107 Population (millions) Labor (millions) 3.393 4.909 Capital (billions 2005 US$)
We have the following data on Portugal 1960 GDP (billions 2005 US$) 23.109 8.107 Population (millions) Labor (millions) 3.393 4.909 Capital (billions 2005 US$) 55.221 888.273 2010 218.569 10.676 What is the average annual growth rate of GDP between 1960 and 2010?
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Elementary Statistics
Authors: Neil A. Weiss
8th Edition
321691237, 978-0321691231
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