Does the rule of 70 predict greater increases in the amount of income for richer or...

Transcribed Image Text:

Does the rule of 70 predict greater increases in the amount of income for richer or poorer countries Yes, the rule of 70 predicts that the amount of time it will take for a No, the rule of 70 predicts that the amount of time it will take for a No, the rule of 70 predicts that the amount of time it will take for a Yes, the rule of 70 predicts that the amount of time it will take for a country's country's income to double is country's income to double country's income to double income to double when both have the same growth rate? on its initial level of income, not on its growth rate. only on its growth rate, not on its initial level of income. only on its population growth rate, not on its initial level of income. its population, not on its growth rate. dependent only is dependent is dependent is dependent only on Does the rule of 70 predict greater increases in the amount of income for richer or poorer countries Yes, the rule of 70 predicts that the amount of time it will take for a No, the rule of 70 predicts that the amount of time it will take for a No, the rule of 70 predicts that the amount of time it will take for a Yes, the rule of 70 predicts that the amount of time it will take for a country's country's income to double is country's income to double country's income to double income to double when both have the same growth rate? on its initial level of income, not on its growth rate. only on its growth rate, not on its initial level of income. only on its population growth rate, not on its initial level of income. its population, not on its growth rate. dependent only is dependent is dependent is dependent only on

Answer rating: 100% (QA)

SOLUTION No the rule of 70 predicts that the amount of time it will tak... View the full answer