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For the Questions That Follow, Suppose a Country Has the Following

Question 132

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For the questions that follow, suppose a country has the following quarterly growth data for the last three years:
For the questions that follow, suppose a country has the following quarterly growth data for the last three years: -The country's long-run average growth rate is 3%.In how many of these quarters did GDP contract? A) two B) six C) five D) four E) three
-The country's long-run average growth rate is 3%.In how many of these quarters did GDP contract?


A) two
B) six
C) five
D) four
E) three

Correct Answer:

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