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1 . Critical Analysis Q 1 Does it make much difference whether an economy grows at 2 % or 4 % annually? No , because

1. Critical Analysis Q1
Does it make much difference whether an economy grows at 2% or 4% annually?
No, because small differences in growth can have a huge impact only during a recession.
No, because small differences in growth do not make much difference.
Yes, because small differences in growth have a huge impact over time.
Yes, because small differences in growth can have a huge impact only during an expansion.

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