Multiple Choice
Using the rule of 70, if the GDP per capita growth rate in the United States is 4.4 percent, real GDP per capita doubles every
A) 6.72 years.
B) 15.91 years.
C) 44 years.
D) 65.6 years.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: According to human capital theory, all of
Q4: In developing countries, economists have found _
Q5: In terms of technological progress, economists interpret
Q6: Increases in the stock of capital are
Q7: In what two ways can education contribute
Q9: Which of the following is an example
Q10: GDP per capita means GDP<br>A) in real
Q11: According to Robert Solow, the production function
Q12: To determine the change in the capital
Q13: In the Solow model, if total saving