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Author Question: According to the Rule of 70, how many years will it take for real GDP per capita to double when the ... (Read 97 times)

sc00by25

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According to the Rule of 70, how many years will it take for real GDP per capita to double when the growth rate of real GDP per capita is 5?
 
  A) less than 1 year B) 5 years C) 14 years D) 35 years

Question 2

Which term refers to a legally established maximum price that firms may charge?
 
  A) a tariff B) a price ceiling C) a price floor D) a subsidy



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Pariscourtney

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Answer to Question 1

C

Answer to Question 2

B





 

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