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    Exam 10: Economic Growth, the Financial System, and Business Cycles
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    According to the "Rule of 70," How Many Years Will
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According to the "Rule of 70," How Many Years Will

Question 99

Question 99

Multiple Choice

According to the "Rule of 70," how many years will it take for real GDP per capita to double when the growth rate of real GDP per capita is 5%?


A) less than 1 year
B) 5 years
C) 14 years
D) 35 years

Correct Answer:

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