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    Modern Principles of Economics
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    Exam 6: GDP and the Measurement of Progress
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    Since World War II, the Long-Term Average Rate of Real
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Since World War II, the Long-Term Average Rate of Real

Question 173

Question 173

Multiple Choice

Since World War II, the long-term average rate of real GDP growth in the United States has been about:


A) 1.35%.
B) 3.25%.
C) 6.5%.
D) 13.5%.

Correct Answer:

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