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    Macroeconomics Study Set 48
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    Exam 9: Long-Run Economic Growth
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    If Real GDP Doubles in 35 Years, Its Average Annual
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If Real GDP Doubles in 35 Years, Its Average Annual

Question 268

Question 268

Multiple Choice

If real GDP doubles in 35 years, its average annual growth rate is approximately:


A) 1%.
B) 2%.
C) 3%.
D) 4%.

Correct Answer:

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