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afrah afrah
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A year ago
The implied growth rate for a country between 1960 and 2010 was 6 percent. This implies that ________.

▸ the country grew at an average rate of 6 percent per year between 1960 and 2010 to reach the 2010 level of GDP starting at the 1960 level

▸ the growth rate of GDP in the country was above 6 percent between 1960 and 2010

▸ the country grew at rates above 6 percent per year between 1960 and 2010 to reach the 2010 level of GDP starting at the 1960 level

▸ the country grew by at least 6 percent in any of the 50 years between 1960 to 2010 to reach the level of GDP in 2010 starting at the 1960 level
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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enzeeenzee
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A year ago
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