Multiple Choice
Why do very small differences in annual growth rates amount to big differences in the degree of long-term economic growth?
A) because the faster-growing countries gain a political advantage over poorer countries, and use that advantage for their economic gain
B) because the annual growth rate is compounded over time
C) because the slower-growing countries save too much
D) because the slower-growing countries don't export enough
Correct Answer:

Verified
Correct Answer:
Verified
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