The rule of 70 is most useful in:
A) identifying the causes of economic growth.
B) identifying the sources of economic growth.
C) estimating the productivity of labor.
D) estimating the doubling time of real GDP for a given growth rate.
Correct Answer:
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Q12: The rule of 70 states that a
Q21: If real GDP doubles in 12 years,
Q24: Real GDP per capita, growing at a
Q25: Use the following to answer questions :
Scenario:
Q26: Use the following to answer questions :
Scenario:
Q28: If real GDP grows at an annual
Q32: If real GDP doubles in 35 years,
Q34: Use the following to answer questions :
Scenario:
Q36: The formula for the rule of 70,
Q38: If real GDP per capita grows at
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