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According to Some Estimates, Over the Last Two Decades China

question 87

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According to some estimates, over the last two decades China has had an annual average growth rate of about 12 percent.


Definitions:

Transit

The act or process of moving people or goods from one place to another, often referring to public transportation systems.

Equilibrium Price

The price at which the quantity of a good or service supplied matches the quantity demanded, leading to a stable market condition.

Fine Imposed

A penalty, usually in the form of a monetary payment, levied by an authority on individuals or entities as punishment for violating regulations or laws.

Cockatoos

A group of large, colorful parrots with a distinctive crest, native to Australasia.

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