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Business, 15.07.2020 05:01 23basu3

Why does a small difference in economic growth result in a large difference in wealth over time? a) Because over time, small growth rates will turn into large growth rates.
b) Because over time, small growth rates will end up turning negative, preventing further growth.
c) Because the effect of compounding allows growth to build upon previous growth.
d) Because governments are more likely to support big countries than small countries.

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