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aryaelfkind aryaelfkind
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3 weeks ago
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
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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bolusmachinebolusmachine
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35.0

The formula to calculate the answer is: 70 divided by the number of years for real GDP per capita to double.
1

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