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Which of the following statements do not correctly describe exponential growth? (Check all that apply.) |:| A. The growth rate uctuates drastically. |:| B. New
Which of the following statements do not correctly describe exponential growth? (Check all that apply.) |:| A. The growth rate uctuates drastically. |:| B. New growth builds on past growth and its effects compound. |:| C. The growth rate stays approximately constant. |:| D. The growth rate keeps increasing each year. Suppose Arendelle's real GDP per capita was $35,000 in 2012. In 2013 and 2014, it increased to $36,400 and $37,860 respectively (all numbers are in 2012 constant dollars). The growth rate between 2012 and 2013 in this economy was DOA. (Round your answer to the nearest whole number.) Arendelle shows V growth over the years
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