Dictionary

growth rate en · NOUN

Meanings

1. The amount of growth in a quantity per unit of time.
   • A global population growth rate of a constant 100 million people per year means an aging population.
2. The amount of growth in a quantity per unit of time, relative to the amount of the quantity during that time.
   • The growth rate is defined as the change in the dependent variable, Y, for a time period divided by the Y value at the beginning of the period.
   • A constant growth rate produces exponential growth.

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