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Author Question: The rule of 70 which predicts the time required for the economy of a nation to double, is based on ... (Read 87 times)

iveyjurea

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on: Jun 30, 2018
The rule of 70 which predicts the time required for the economy of a nation to double, is based on the mechanism of:
 a. compound interest.
 b. capital formation.
 c. labor force productivity.
  d. capital investments.

Question 2

A positive (non-zero) price for a good means there is a surplus of that good.
 a. True
  b. False
  Indicate whether the statement is true or false


tsternbergh47

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


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