Question: 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.

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.

(If the reasoning for the correct answer and incorrect answers are not adequately provided, your answer will be sent back to coursehero). Thank you.

Please state which of the options is the correct answer and explain

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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