Multiple Choice
According to the rule of 72, when a nation-s average annual rate of economic growth is 3 percent, it will take about _____ years for that nation-s ___________ to double in magnitude.
A) 24; per capita real income
B) 216; per capita real income
C) 24; population
D) 216; population
Correct Answer:
Verified
Correct Answer:
Verified
Q6: The bulk of international trade is carried
Q7: Product innovations broaden the range of markets
Q8: A double taxation treaty:<br>A) imposes both a
Q9: A bilateral investment treaty between two nations
Q10: Which of the following is not a
Q12: If a nation-s rate of growth of
Q13: Which of the following is a private
Q14: The World Bank classifies low-income countries as
Q15: Of the following regions, which currently receives
Q16: According to the rule of 72, the