The rule of 70 which predicts the time required for the economy of a nation to double, is based on ...

Author Question: The rule of 70 which predicts the time required for the economy of a nation to double, is based on ... (Read 56 times)

iveyjurea

Hero Member
Posts: 555

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

Sr. Member
Posts: 311

Reply #1 on: Jun 30, 2018

Answer to Question 1

a

Answer to Question 2

False

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