We can estimate that if a country grows at 7 percent per year, it will double its real GDP per capita in:

Name: We can estimate that if a country grows at 7 percent per year, it will double its real GDP per capita in:
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Question

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Using the Rule of 70, which states that you can estimate the number of years it takes for a quantity to double by dividing 70 by the annual growth rate, a 7% growth rate would result in doubling in approximately 10 years (70/7 = 10).

We Can Estimate That If a Country Grows at 7