Question

The increase in growth of a system with respect to an initial parameter during a constant period of time is

• A. Absolute growth rate
• B. Relative growth rate
• C. Arithmetic growth rate
• D. Geometric growth rate

Answer 1

The correct option is B

Relative growth rate

The growth of the given system per unit time expressed on a common basis, e.g per unit initial parameter is called relative growth rate. RGR = total growth during a constant time/ initial parameter.