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What would GDP have been in 2009 if growth didn't slow down in the 1970s?
In this Excel spreadsheet data assignment, students use the Fill command to project what the level of GDP would have been in the years 1973-2009 if the long-run GDP growth rate hadn't fallen in the 1970s. Students are asked to make comparisons between actual GDP and these "what if" data. This assignment can be used to motivate a number of discussions, including the importance of small differences in growth rates, the opportunities high growth...
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