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Class Activity China's economic growth rate fell in 2013 to 7.5% from 7.8% in 2012. The economy's domestic demand would have supported a 9% growth

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Class Activity China's economic growth rate fell in 2013 to 7.5% from 7.8% in 2012. The economy's domestic demand would have supported a 9% growth rate, largely driven by investment. Weak exports due to the strength of the currency reduced the growth rate. 1 What is meant by a fall in a country's economic growth rate? 2 Explain how investment may promote economic growth. 3 Discuss whether a high exchange rate will reduce a country's economic growth rate

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