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What does "compounding" mean economics?
The term compounding refers to:
a) the increase in the growth rate over a period of time.
b) the inflation adjustment to the growth rate of real GDP over a period of time.
c) the accumulation of a growth rate over a period of time.
d) none of the above.
1 Answer
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- Anonymous8 years agoFavorite Answer
It's C.
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