Solved

The Rule of 70 States That the Number of Years

Question 173

True/False

The Rule of 70 states that the number of years required for a value (such as a nation's GDP) to double in size is 70 divided by the growth rate.

Related Questions

Q168: If output equals A × (5K +

Q169: The ability to use physical resources in

Q170: If an economy's GDP will double in

Q171: The development of social media has contributed

Q172: The percentage of the world's population that

Q174: Which change is likely to increase wages

Q175: Spending money on research and development hurts

Q176: It is preferable to use real GDP

Q177: How is it possible for GDP per

Q178: Financial stability helps to improve standards of