Econ
Per capita GDP in country A and country B is $10,000. Country A’s government creates policies and institutions that result in economic growth of 1.5% per year. Country B’s government creates policies and institutions that result in 3% economic growth per year. After 50 years, per capita GDP in Country A will have [removed]in annual growth over the long run.
.
Select from these possible answers.
| insignificant | significant | significance |
| percentage increase | of the effects of compounding | of the effects of taxation |
| growth | doubled twice | of government subsidies |
| doubled | tripled | quadrupled |
13 years ago 2
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