Multiple Choice
Which of the following is true with regard to economic growth?
A) Small differences in economic growth rates make small differences in Real GDP over time.
B) Once a country is richer than other countries, it will remain richer regardless of differences in economic growth rates.
C) Economic growth rates tell us nothing about the distribution of output and income in a country.
D) All of the above are true.
Correct Answer:

Verified
Correct Answer:
Verified
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