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    Exam 27: The Classical Long-Run Policy Model: Growth and Supply-Side Policies
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    Country a Has Economic Growth of 1
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Country a Has Economic Growth of 1

Question 69

Question 69

Essay

Country A has economic growth of 1.5% per year while country B has economic growth of 2.5% per year.How long will it take for income to double in each country?

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Use the Rule of 72.F...

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