3. Lets revisit the data from Table 11.3, showing the following world economic growth rates for specific
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3. Let’s revisit the data from Table 11.3, showing the following world economic growth rates for specific historical eras:
Years Growth rate AD 1–1800 0.02%
1800–1900 0.64%
1900–1950 1.04%
1950–2000 2.12%
Approximately how many years will it take for average real per capita GDP to double at each of those growth rates? l-58
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