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Previous Page Next Page Page 23 of 61 undefined Question 23 (1 point) Assume country A has real GDP of 100 Billion with a growth
Previous Page Next Page Page 23 of 61 undefined Question 23 (1 point) Assume country A has real GDP of 100 Billion with a growth rate of 10% and Country B has real GDP of 150 billion and a growth rate of 5%. Which statement is true? Country B will always be richer because it starts at a higher real GDP Country A and Country B will merge and become equally rich. Country A will gain momentum and grow even faster. Country A will become richer due to the higher growth rate. Country B must have a higher standard of living per person due to the higher real GDP. undefined Previous Page Next Page Page 23 of 61 Submit Quiz 17 of 61 questions saved MacBook Air 888 F6 F7 FA F5 20 F3 F2 o/o @ # 4 5 6 2 3 U W E R T Y G H
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