According to the Rule of 72 (Table 17.1), how many years will it take for GDP to
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According to the Rule of 72 (Table 17.1), how many years will it take for GDP to double if the economy is growing at
(a) 2 percent a year?
(b) 3 percent a year?
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a 36 years b 24 years Feedback a According to Table 171 ...View the full answer
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Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
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