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If an Economy's Steady Annual Growth Rate Falls from 3

Question 51

Multiple Choice

If an economy's steady annual growth rate falls from 3.5 percent to 2.5 percent,this adds __________ years to the time it takes for the economy to double in size.


A) 24.0
B) 8.0
C) 5.3
D) 11.4

Correct Answer:

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