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Author Question: Real GDP per Capita Across TimeAccording to the "Rule of 70", it will take approximately 2 years for ... (Read 91 times)

kandiwilson165@gmail.com

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on: Nov 23, 2022

Question 1

Real GDP per Capita Across Time

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 27.0%? (Round to the nearest tenth when appropriate .)
◦ 27.0
◦ 2.6
◦ 18.9
◦ 43.0

Question 2

Real GDP per Capita Across Time

According to the "Rule of 70", it will take approximately 2 years for real GDP per capita to double when the growth rate of real GDP per capita is ________ percent. (Round to the nearest tenth when appropriate.)
◦ 35.0
◦ 68.0
◦ 1.4
◦ 2
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by kandiwilson165@gmail.com on Nov 23, 2022

KAyteeBee1129

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Reply #1 on: Nov 23, 2022
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kandiwilson165@gmail.com

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
Wow, this really help

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