arithmetic 1,2,3,4,5
geometric 1,2,4,8,16,32,
an arithmetic rate means that the original amount is increasing by a certain amount each period. So, 1,2,3,4,5 - that increase by 1 each time you increase
by geometric rate it is like you are increasing by a % each time...
1,2,4,8, each time it increases 100% ... so first it increase 1 to 2, but the next time it doubles again 2 to 4, etc
The English Economist Malthus made a big point of this. He said food only increases arithmetically, but population increases geometrically.... so, the population will always outrun the food supply.
2007-02-21 04:31:59
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answer #1
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answered by matt 7
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Geometric Rate--increases or reduces at a not always constant rate (both consistant and inconsistent growth rates over a period of time--Arithmetic & Exponential Rates are classified as Geometric Rates).
Arithmetic Rate--increases or reduces at a constant rate.
WARNING: The answers above are not accurate! They are describing an Exponential Rate. An Exponential Rate is always a Geometric Rate, but a Geometric Rate is NOT always an Exponential Rate. Incidentally, the same can be said about an Arithmetic Rate.
2007-02-21 04:39:51
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answer #2
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answered by Jeff W 2
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Geometric Rate--increases or reduces at a not always constant rate (both consistant and inconsistent growth rates over a period of time--Arithmetic & Exponential Rates are classified as Geometric Rates). Arithmetic Rate--increases or reduces at a constant rate. WARNING: The answers above are not accurate! They are describing an Exponential Rate. An Exponential Rate is always a Geometric Rate, but a Geometric Rate is NOT always an Exponential Rate. Incidentally, the same can be said about an Arithmetic Rate.
2016-05-24 02:50:42
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answer #3
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answered by Nedra 4
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To me a geometric rate would be a growth rate.
An arithmetic rate would be like an increase in a loan.
One is a natural growth rate the other is a number growth rate.
2007-02-21 04:30:17
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answer #4
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answered by Silly Girl 5
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geometric - something that goes from a value of 2 to 4, to 8, to 16, to 32, to 64, etc.
arithmetic - something that goes from a value to 2 to 4, to 6, to 8, to 10, to 12, to 14, etc.
2007-02-21 04:28:10
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answer #5
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answered by Anonymous
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That means it doubles every time. 1, 2, 4, 8, 16, 32, etc.
2007-02-21 04:27:46
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answer #6
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answered by Anonymous
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a geometric rate? I've never heard of that....are you talking about something inreasing at an exponential rate?
2007-02-21 04:27:52
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answer #7
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answered by Anonymous
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