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Please state which of the options is the correct answer and explain why this is. Additionally, please also explain why the other answers are incorrect. Show full calculations.

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Suppose the value of GDP per capita in years 1965,1985 and 2015 is as follows y1965 I 19000,y1985 I 30000, $22015 I 62000. Which period saw the smallest average growth rate of GDP per capita? a. 1965-2015 b. 1965-1985 c. The answer depends on whether we use the exact or logarithmic formula. d. 1985-2015

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