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Real GDP per person in both Alpha and Omega is equal to $2,000. Over the next 100 years, real GDP per person grows at a 1.5 percent annual rate in Alpha and at a 2.5 percent annual rate in Omega. After 100 years, real GDP per person in Alpha is ________ smaller than real GDP per person in Omega.
Inspiration Phase
Refers to the initial stage in a creative or project development process where ideas are generated, and motivation is sparked.
Observation
The action or process of attentively watching or noting phenomena or behaviors as they occur naturally, often for the purpose of data collection and analysis.
Human Behavior
The range of behaviors exhibited by humans and which are influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and/or genetics.
Actively Listening
The practice of fully concentrating, understanding, responding, and then remembering what is being said in a conversation.
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