The difference between a $2\mathrm{.}5$ percent and a $3\mathrm{.}0$ percent annual growth rate over several decades could be the difference between

multiple choice $2$

output doubling in $28$ years $(3\mathrm{.}0$ percent growth$)$ and $23$ years $(2\mathrm{.}5$ percent growth$).$

output doubling in $28$ years $(2\mathrm{.}5$ percent growth$)$ and $23$ years $(3\mathrm{.}0$ percent growth$).$

prices doubling in $28$ years $(3\mathrm{.}0$ percent growth$)$ and $23$ years $(2\mathrm{.}5$ percent growth$).$

prices doubling in $28$ years $(2\mathrm{.}5$ percent growth$)$ and $23$ years $(3\mathrm{.}0$ percent growth$).$