The Rule of 72 Implies That a Country with a Growth

question 60

Multiple Choice

The rule of 72 implies that a country with a growth rate of 8 percent will double its income in about:

• A)4 years.
• B)6 years.
• C)9 years.
• D)12 years.

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Definitions:

Life Expectancy

The average period that an individual is expected to live, based on statistical averages of age, gender, and other demographic factors.

Hispanic Americans

People in the United States who originate from Spanish-speaking countries, predominantly in Latin America.

Obesity

A medical condition characterized by excessive body fat accumulation that presents a risk to health, leading to various diseases and conditions.

Type 2 Diabetes

A chronic condition that affects the way the body processes blood sugar (glucose), characterized by insulin resistance.