Multiple Choice
From 1980 to 2016,the average annual growth rate for the Mexican economy has been 0.7 percent.Based on that growth rate and using the rule of 70,the number of years it will take real GDP per capita to double in Mexico is approximately
A) 10 years.
B) 22 years.
C) 56 years.
D) 100 years.
Correct Answer:

Verified
Correct Answer:
Verified
Q69: New growth theory<br>A)states that the rate of
Q70: If GDP per capita rises by 2%
Q71: Figure 11-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 11-1
Q72: An increase in _ shifts the production
Q73: A copyright grants the creator of a
Q75: Of all industrialized nations,real GDP per capita
Q76: Political stability is not a prerequisite to
Q77: Figure 11-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 11-4
Q78: An economy that grows too slowly fails
Q79: Firms free ride on the research and