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Calculate the following values with the aid of the rule of 72. a. If the annual growth rate is 0.4% it will takeyears for a
Calculate the following values with the aid of the rule of 72.
a. If the annual growth rate is 0.4% it will takeyears for a country's population to double.
b. If it takes per capita real GDP 42 years to double, then the average annual rate of growth in this variable is%.Enter your response rounded to 2 decimal places.
c. If the annual growth rate in the capital stock is 3% a country's capital stock will double
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once
three times
twice
in 24 years.
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