Using the data in Table 8.1, calculate the following: (a) The CAGR for US GDP per capita
Question:
Using the data in Table 8.1, calculate the following:
(a) The CAGR for US GDP per capita between 1950 and 2010.
(b) The time it would take for US GDP per capita to double if it grew at the rate calculated in part (a).
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Related Book For
Macroeconomics Institutions Instability And The Financial System
ISBN: 9780199655793
1st Edition
Authors: Wendy Carlin, David Soskice
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