Question
What is the average growth rate of each country between 1970 and 2017? Calculate the growth rate of each year using the exact formula and
What is the average growth rate of each country between 1970 and 2017? Calculate the growth rate of each year using the exact formula and take the average of all rates.
I am a bit stuck on this can someone explain how I would go about this question in excel?
| Year | DNK | URY |
|---|---|---|
| 1970 | 19504 | 7792 |
| 1971 | 19837 | 7826 |
| 1972 | 20615 | 7633 |
| 1973 | 21590 | 7921 |
| 1974 | 20562 | 7726 |
| 1975 | 20238 | 7919 |
| 1976 | 21624 | 8063 |
| 1977 | 22055 | 7900 |
| 1978 | 22785 | 8330 |
| 1979 | 23451 | 8993 |
| 1980 | 22918 | 9501 |
| 1981 | 21906 | 9617 |
| 1982 | 22175 | 8584 |
| 1983 | 22387 | 7690 |
| 1984 | 23032 | 7513 |
| 1985 | 23631 | 7456 |
| 1986 | 25218 | 8382 |
| 1987 | 25267 | 9144 |
| 1988 | 25099 | 9101 |
| 1989 | 25346 | 9123 |
| 1990 | 25711 | 8919 |
| 1991 | 25825 | 9277 |
| 1992 | 26434 | 10308 |
| 1993 | 26015 | 10686 |
| 1994 | 27349 | 11596 |
| 1995 | 28258 | 11452 |
| 1996 | 29179 | 12088 |
| 1997 | 31318 | 12217 |
| 1998 | 32772 | 12433 |
| 1999 | 33525 | 11725 |
| 2000 | 34925 | 11070 |
| 2001 | 34668 | 10500 |
| 2002 | 34713 | 9572 |
| 2003 | 34175 | 9502 |
| 2004 | 35938 | 9845 |
| 2005 | 37055 | 10227 |
| 2006 | 39692 | 10887 |
| 2007 | 41255 | 12003 |
| 2008 | 42729 | 13373 |
| 2009 | 41128 | 14488 |
| 2010 | 43207 | 16437 |
| 2011 | 43852 | 17977 |
| 2012 | 43647 | 18675 |
| 2013 | 43948 | 19639 |
| 2014 | 43996 | 20209 |
| 2015 | 45766 | 20061 |
| 2016 | 47009 | 20315 |
| 2017 | 49607 | 20607 |
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Essentials Of Advanced Macroeconomic Theory
Authors: Ola Olsson ]
1st Edition
9780415685085
