growth rate

English

Noun

growth rate (plural growth rates)

  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.

References
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