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To: Always Right
Anything that has CONSTANT growth goes exponentially,

No, things that grow exponentially grow at a rate proportional to its size.

Furthermore, that's not an exponential curve, genius.

At least not yet.

9 posted on 08/31/2005 10:52:21 AM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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To: AdamSelene235

1. Yes it is an exponential curve.

2. And it has a constant growth rate.

An exponential growth is characterized by the following equation:

k - is the constant rate of growth.

So in the graphs in the post above, say the money supply is growing at a constant rate of 4%, it will look exactly like those curves. And BTW, what means it is growing at a rate proportional to it size, and that rate is constant.

12 posted on 08/31/2005 11:09:45 AM PDT by Always Right
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