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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 percent annual rate in Alpha and at a 2 percent annual rate in Omega. After 100 years, real GDP per person in Alpha is ________ smaller than real GDP per person in Omega.
Isolator
A device or system used to separate or detach one part of a system, environment, or process from others, often for safety or purity reasons.
Team Development
Team development refers to the process of improving collective performance by enhancing individual competencies, fostering unity, and resolving conflicts within a group.
Performing
The stage of group development where the team effectively works together to achieve its goals with optimized processes.
Norming
Norming is a stage in team development where members resolve differences, appreciate colleagues’ strengths, and develop a unified commitment towards the team’s goals.
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