Use the Rule of 72 to Determine How Long It

question 55

Multiple Choice

Use the rule of 72 to determine how long it takes for real GDP to double if real GDP grows at 3% per year.

• A) 12 years
• B) 24 years
• C) 36 years
• D) 72 years

---

Definitions:

Dispositional Optimism

The extent to which a person typically adopts an optimistic or pessimistic approach to dealing with life’s challenges.

Achieve

To successfully reach a desired goal or outcome through effort, skill, or courage.

Social Anxiety

The fear of social situations that involve interaction with other people, often driven by a fear of being judged or embarrassed.

Negative Affect

A broad range of negative emotions, including sadness, anger, and fear.