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A country lowers trade barriers and institutes monetary and price stability. As a result, the annual growth rate of gross domestic product (GDP) increases from
A country lowers trade barriers and institutes monetary and price stability. As a result, the annual growth rate of gross domestic product (GDP) increases from 2 percent to 4 percent per year. All else the same, in 35 years, GDP will be ________ as high as if there were no reform.
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