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    Exam 27: The Classical Long-Run Policy Model: Growth and Supply-Side Policies
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    If Output Increases by 5 Percent and Population Growth Is
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If Output Increases by 5 Percent and Population Growth Is

Question 84

Question 84

Multiple Choice

If output increases by 5 percent and population growth is 3 percent, per capita output grows by about:


A) 2 percent.
B) 3 percent.
C) 5 percent.
D) 8 percent.

Correct Answer:

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