The growth rate of any variable y between periods t and t + 1 is the percent change in that variable, given by $\left( y _ { t + 1 } - y _ { t } \right) / y _ { t }$ .

Name: The growth rate of any variable y between periods t and t + 1 is the percent change in that variable, given by $\left( y _ { t + 1 } - y _ { t } \right) / y _ { t }$ .
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Question

The growth rate of any variable y between periods t and t + 1 is the percent change in that variable, given by $\left( y _ { t + 1 } - y _ { t } \right) / y _ { t }$  .

Quizplus · Accepted Answer

The formula provided in the question is the correct formula for calculating the growth rate of a variable y between periods t and t + 1.

The Growth Rate of Any Variable Y Between Periods T (yt+1−yt)/yt\left( y _ { t + 1 } - y _ { t } \right) / y _ { t }(yt+1​−yt​)/yt​

The Growth Rate of Any Variable Y Between Periods T $\left( y _ { t + 1 } - y _ { t } \right) / y _ { t }$