Multiple Choice
Using the Rule of 70, if China's current growth rate of real GDP per person was 7 percent a year, how long would it take the country's real GDP per person to double?
A) 35 years
B) 14 years
C) 10 years
D) 49 years
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q86: If a rich country grows at a
Q87: Which theory of economic growth concludes that
Q88: Most _ is embodied in physical capital.<br>A)
Q89: Suppose the money wage rate and the
Q90: The decreasing slope of a production function
Q92: How has U.S. real GDP per person
Q93: Labor productivity, real GDP per labor hour,
Q94: In 2016, of the following _ had
Q95: In neoclassical growth theory, technological progress is
Q96: In the labor market, an increase in