Define annual growth rate.
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Answer:
Annul growth rate means It is a growth of value in year
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Explanation:
The rate or the pace of population increase is the other important aspect.It is studied in per cent per annum, e.g. a rate of increase of 2 per cent per annum means that in a given year, there was an increase of two persons for every 100 persons in the base population. This is referred to as the annual growth rate.
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