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    Macroeconomics Study Set 48
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    Exam 9: Long-Run Economic Growth
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    If Output Is Growing at 5% Annually, How Many Years
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If Output Is Growing at 5% Annually, How Many Years

Question 233

Question 233

Multiple Choice

If output is growing at 5% annually, how many years will it take for output to quadruple?


A) 14 years
B) 10 years
C) 20 years
D) 28 years

Correct Answer:

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