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Calculate the following values with the aid of the rule of 72. A If the annual growth rate is 0.3% it will take ( )
Calculate the following values with the aid of the rule of 72.
A If the annual growth rate is 0.3% it will take ( ) years for a country's population to double.
B. If it takes per capita real GDP 30 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(once, twice, three times) in 24 years.
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