Thread: Economics The Fiscal Cliff Approacheth
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Old 07-23-2012, 07:45 AM   #30
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Quote:
Originally Posted by FishingRod View Post
Not to be too obtuse but a 3.9 % reduction in the grown rate. Does that mean 3.9 % of the 2-3% growth rate? That would be about .00117
Its a 3.9 percentage point reduction in growth, so a swing from +2% to -2%, more or less.
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