d) The early part of your career can be very important for the earnings growth over your lifetime, and careers are strongly influenced by the macro economy. Please answer the following questions about growth that different generations experienced during their early careers: (9 points)

I was born in 1980. What was the annualized average growth rate (in real per-capita GDP) that I experienced from age 25 to age 35? How many years would it take for living standards to double at this rate? (3 points) Answer:

My parents were born in 1949, but we will call that 1950 for this exercise. What was the annualized average growth rate (in real per-capita GDP) they experienced from age 25 to age 35? How many years would it take for living standards to double at this rate? (3 points) Answer:

What is the youngest birth year we can do this "25 to 35" calculation for with this data? What was the growth rate they experienced? How many years would it take for living standards to double at this rate? (3 points) Answer:

Bonus Question: looking over all of this data, which year would have been the best year to be born, in terms of experiencing the highest growth rates from age 25 to 35? How long would it have taken from living standards to double at that rate? (4 points) Answer:

Bonus Question: the real GDP data we provided used 2012 as the base year. If we changed this base to 2021, what was Real GDP per-capita in 2021? (you will need to look up the CPI for this; show your calculations please) (2 points)