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Real per capita GDP in Chile in 1961 was about $500, but it doubled to about $1000.00 by 1980. a. What was the average annual

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Real per capita GDP in Chile in 1961 was about $500, but it doubled to about $1000.00 by 1980. a. What was the average annual economic growth rate in Chile over the 19.00 years from 1961 to 1980? (NOTE: Round this to two places past the decimal point.) % b. Per capita real GDP doubled in Chile again in only seven years, reaching $2000.00 by 1987.00. What was the average annual economic growth rate between 1980 and 1987.00? (NOTE: Round this to two places past the decimal point.) %

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