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In 1950, country A's real GDP per capita was $2,000. In 2010 it was $8,000. What was the approximate average annual growth rate (in percentage
In 1950, country A's real GDP per capita was $2,000. In 2010 it was $8,000. What was the approximate average annual growth rate (in percentage points) for country A during the 60 years? (hint: use rule of 72)
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