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Growth Rates and the Rule of 70
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Growth Rates and the Rule of 70
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13. Productivity and Economic Growth / Growth Rates and the Rule of 70 / Problem 5
Problem 5
Evaluate the consequences of inaccurate GDP growth rate calculations on economic policy decisions.
A
Inaccurate calculations always lead to better policy decisions.
B
Inaccurate calculations only affect short-term policy decisions.
C
Inaccurate calculations have no impact on policy decisions.
D
Inaccurate calculations can lead to poor policy decisions and economic instability.
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