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Calculate the following values with the aid of the rule of 72. a. If the annual growth rate of real GDP is 4.8% then it
Calculate the following values with the aid of the rule of 72.
a. If the annual growth rate of real GDP is 4.8% then it will take years for a country's real GDP to double.
b. If the general price level doubles each 46 years the average annual rate of inflation is %.Enter your response rounded to 1 decimal place.
c. If the annual population growth rate is 3.6% then a country's population will double approximately(how many) times in 100 years.Enter your response rounded to a whole number.
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