Calculate india average annual growth rate of prices

Reference no: EM13300545

consider the following data for India for the decade 1994-2004:

average annual growth rate of population :1.97 percent;
average annual growth rate of income per capita :8.94 percent
average annual growth rate of real income per capita: 3.77 percent

a) Calculate India's average annual growth rate of income over the decade.
b) Calculate India's average annual growth rate of prices over the decade.

Reference no: EM13300545

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