3 ms·
Exponential growth over 30 years to 9x the original value is 7.6%/yr. Real growth was closer to 7x, so 6.7%/yr and indeed similar growth was sustained over a l
by Tade0 4y ago
Exponential growth over 30 years to 9x the original value is 7.6%/yr.
Real growth was closer to 7x, so 6.7%/yr and indeed similar growth was sustained over a large part of those three decades.