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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: According to the Rule of 70, if a country grows at 2.0 percent per year instead of 1.5 percent per y
Post by: Loraine on Jun 21, 2015
According to the Rule of 70, if a country grows at 2.0 percent per year instead of 1.5 percent per year, how many fewer years will it take to double its level of real GDP?
A) It will take 11.6 years fewer.
B) It will take 35 years fewer.
C) It will take 58.3 years fewer.
D) It will take 20 years fewer.
E) It will take 17.9 years fewer.


Title: Re: According to the Rule of 70, if a country grows at 2.0 percent per year instead of 1.5 percent p
Post by: Smoooth on Jul 13, 2015
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Title: Re: According to the Rule of 70, if a country grows at 2.0 percent per year instead of 1.5 percent per y
Post by: Smoooth on Aug 31, 2015
No problemo :-]