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Author Question: Use the rule of 70 to illustrate how small differences in growth rates can have a large impact on ... (Read 80 times)

azncindy619

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Question 1

Explain why you would rather be a borrower during a period of unexpected rising inflation, and a lender during a period of unexpected declining inflation.



Question 2

Use the rule of 70 to illustrate how small differences in growth rates can have a large impact on how rapidly the standard of living in a country increases.



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Marked as best answer by azncindy619 on Mar 16, 2019

ricroger

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azncindy619

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review


Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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