A phenomenon known as Moore's law says that:
A) computing capacity doubles every two years.
B) physical capital doubles every two years in countries with high rates of growth.
C) the time it takes a country to double its income level can be calculated by dividing 70 by the growth rate.
D) the time it takes a country to double its productive capacity can be calculated by dividing 70 by the growth rate.
Correct Answer:
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Q85: The exponential growth in computing power is
Q86: Using the growth accounting equation, if the
Q87: The table shown displays GDP growth rates
Q89: The table shown displays GDP growth rates
Q90: Which of the following is an example
Q91: Convergence theory proposes that:
A) poorer countries will
Q92: Convergence theory suggests that:
A) poorer countries will
Q93: _ is generally hard to measure directly
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