According to the Rule of 70, a Stock Portfolio Growing

question 34

Multiple Choice

According to the rule of 70, a stock portfolio growing at a rate of 14% will double approximately every ______ years.

• A) 5
• B) 10
• C) 20
• D) 40

---

Definitions:

Norway

A Scandinavian country known for its vast landscapes, fjords, and high living standards.

Karl Marx

A 19th-century philosopher, economist, and political theorist known for his critical theories about capitalism and his influence on the development of socialist and communist movements.

Capitalist

A person who supports or engages in the principles of capitalism, a system where trade, industries, and the means of production are largely or entirely privately owned and operated for profit.

Invisible Hand

A metaphor introduced by Adam Smith to describe the self-regulating nature of the market economy driven by individuals' pursuit of their own interests.