If the real GDP of a developed country doubles in 14 years. Based on the rule of

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If the real GDP of a developed country doubles in 14 years. Based on the rule of 70, the average annual growth rate in real GDP must be

A). 5.0 percent

B). 24 percent

C). 0.67 percent

D). 0.012 percent

E). 1.4 percent

Related Book For answer-question

Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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Posted Date: Jan 14, 2021 07:50 PM

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If the real GDP of a developed country doubles in 14 years. Based on the rule of

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Rule of 70 is used to calculate how many years it will take to double an investmentdeposit real GDP ... View the full answer

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