Macroeconomics (Book Only)
Macroeconomics (Book Only)
12th Edition
ISBN: 9781285738314
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 24.8, Problem 1ST
To determine

The effects of economic boom in one country on another.

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Why do some national economies grow faster than other national economies?
If a nation's real GDP is growing by 6 percent per year, its real GDP will double in approximately ________.  Answer to 2 decimal places.
Does a country need to be well endowed with natural resources in order to experience rapid long-term economic growth
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