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Using the Rule of 70, If the Country of Flowerdomʹs

Question 199

Multiple Choice

Using the Rule of 70, if the country of Flowerdomʹs current growth rate of real GDP per person was 10 percent a year, how long would it take the countryʹs real GDP per person to double?


A) 10 years
B) 7 years
C) 0.7 years
D) 1 year

Correct Answer:

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