Question
If the real GDP of a developed country doubles in 14 years. Based on the rule of 70, the average annual growth rate in real
If the real GDP of a developed country doubles in 14 years. Based on the rule of 70, the average annual growth rate in real GDP must be
A). 5.0 percent
B). 24 percent
C). 0.67 percent
D). 0.012 percent
E). 1.4 percent
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
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