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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