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Principles of Economics (Second Edition)
2nd Edition
ISBN: 9780393614077
Author: coppock, Lee; Mateer, Dirk
Publisher: W. W. Norton & Company
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Question
Chapter 21, Problem 4QFR
To determine
To explain:
The impact on the country's long-term rate of
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Principles of Economics (Second Edition)
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- growth in real GDP is not always seen as economic growth. why?arrow_forwardExplain the different ways in which inequality can affect growth. Highlight any existing empirical evidence that you find interesting. Why?arrow_forwardHow has real GDP growth performed recently? Does it suggest the economy is growing close to potential (or the steady state rate of growth)?arrow_forward
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