Using the Rule of 70, If the Country of Flowerdomʹs

question 228

Multiple Choice

Using the Rule of 70, if the country of Flowerdomʹs current growth rate of real GDP per person was 7 percent a year, how long would it take the countryʹs real GDP per person to double?

• A) 10 years
• B) 2 years
• C) 1 year
• D) 49 years

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Definitions:

Illogical

Characterized by lack of reasonable or sensible thought; inconsistent with principles of logic.

Untrue

Not in accordance with the actual state of affairs; false.

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