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    Exam 27: The Classical Long-Run Policy Model: Growth and Supply-Side Policies
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    The Rule of 72 Implies That a Country with a Growth
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The Rule of 72 Implies That a Country with a Growth

Question 42

Question 42

Multiple Choice

The rule of 72 implies that a country with a growth rate of 2 percent:


A) will never double its income.
B) will double its income in about 7 years.
C) will double its income in about 36 years.
D) will double its income in about 50 years.

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