They paid 100,000 for it.

Over the last 30 years, in terms of the GDP growth rates,

Maximum rate of growth

Minimum rate of growth

It turns out even during the Cultural Revolution,

The quarterly growth of 1.2 means an annual growth rate of 4.8 .

A quarterly growth of 1.2 means an annual growth rate of 4.8 .

We really do have it going right that the continent is growing at rates that people had thought would not happen.

That's an epidermal growth rate.

That was in the early 2000s when India was going gung ho about GDP growth as the means forward

That's what we're seeing across the bottom billion at the moment.

Price increases explain the difference between the real and nominal growth rates.

Japan's inflation adjusted GNP growth rate was 5 .

Even low growth rates produce large increases over time.

And you're going to pay a lower Price to Earnings ratio if the company isn't growing.

We know the deflator is, can we figure out the real GDP in 2011 and that will be the real GDP in 2010 dollars, when we have the deflator relative to 2010.

If f(n) is in little o(g(n)), that's kind of like saying f(n) is strictly less than g(n).

And that makes a huge difference.

The right way to think about this is of all the terms in the sum here, you need to take the one with the fastest growth rate.

All the rest went to the top one percent.

And there's some evidence that they are.

India is already at two tons per year.

You know if you look at the development in the West over 200 years, the average growth may have been about two percent.

So just to recapitulate some of the stuff we talked about in this unit, ultimately, we talked about various different kinds of graphs, various different kinds of growth rates, the whole notion of Big Theta and Big O notation to capture asymptotic growth rates and connecting these things up with various kinds of recurrence relations.

There ended up being kind of a nice correspondence between several different kinds of graphs, several different kinds of recurrence relations, and several different growth rates.

Now here's eight centuries of economic growth.

What is the average difference here?

Probability of success

The Japanese economy continued to grow by more than 5 annually.

In this case, we have five nodes and a total of ten edges.

like water, forests, soils and fish faster than they can be replenished.

Kill Percentage

You know, everything says, here's the growth rate of China, here's the growth rate of the U.S., here it goes straight line.

The growth rate of the Japanese economy will top 0.7 this year.

Partly through this debt system, the effects of economic growth have been spectacular in GDP, damming of rivers, water use, fertiliser consumption, urban population, paper consumption, motor vehicles, communications and tourism.

If I keep expanding this, I get the following solution.

In 2010, right before the revolution, even though GDP per capita had been growing at five percent for several years,

I showed you that at 60 , to match that of Japanese males at 80 , this is the potential upside to GDP

So China, I've already mentioned, beginning around 1978, around the time of the death of Mao, growth ten percent a year.

He's got a good track record.

And then this cancels with that and we get our real GDP.

Just to show you what we plotted, here is income, GDP

Spike growth

They got to grow up...

You need to grow up.