Why do economists pay so much attention to small changes in the rate of economic growth?

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asked Aug 19, 2022 46.9k views

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Piccolo · Answer 1 · 2022-08-24T08:10:06+0000

Answer:

These changes have large effects on the volume of output. ... Countries that experienced economic growth earlier than other countries have lower average incomes today

Why do economists pay so much attention to small changes in the rate of economic growth?

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