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Suppose that in a particular country, GDP per capita was $1,000 in 1900 and $4,000 in 1948. Using the rule of thumb for the doubling

Suppose that in a particular country, GDP per capita was $1,000 in 1900 and $4,000 in 1948. Using the rule of thumb for the doubling rate, approximate the annual growth rate of GDP per capita.

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