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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 62
Circle the letter that corresponds to the best answer. All other things remaining equal, which country in the following figure would you expect to have a higher growth rate?
A) Country A would have a higher growth rate.
B) Country B would have a higher growth rate.
C) They would have the same growth rate.
D) There is no way of telling which would have the higher growth rate.
A) Country A would have a higher growth rate.
B) Country B would have a higher growth rate.
C) They would have the same growth rate.
D) There is no way of telling which would have the higher growth rate.
Explanation
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Now the growth rate in the economy can b...
Macroeconomics 11th Edition by Stephen Slavin
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