Business
Business, 12.11.2019 04:31, mag331

Arelatively small but steady economic growth rate can create a large change in economic prosperity in a fairly short period of time due to a phenomenon known as (click to select)inflationexpansioninterestco mpounding.

instructions: round your answer to the nearest whole number.

using the rule of 70, if a person lived to be 70 years old in a country with an average annual growth rate in real gdp per capita of 2 percent, the average income during this person's lifetime would increase by approximately times.

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