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If Changes in Economic Policy Could Cause the Growth Rate

Question 11

Multiple Choice

If changes in economic policy could cause the growth rate of real GDP to increase by 1% per year for 100 years, then GDP would be ________% higher after 100 years than it would have been otherwise.


A) 1.3
B) 2.0
C) 2.7
D) 3.8
E) 4.2

Correct Answer:

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