3. According to the Rule of 70, if a countrys real GDP per capita grows at a...

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3. According to the Rule of 70, if a country’s real GDP per capita grows at a rate of 2% per year, it will take how many years for real GDP per capita to double?

a. 3.5

b. 20

c. 35

d. 70

e. It will never double at that rate.

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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Question Posted: Oct 16, 2024 07:01 AM

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3. According to the Rule of 70, if a countrys real GDP per capita grows at a...

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Macroeconomics In Modules

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