Using the Rule of 70, If the GDP Per Capita

question 27

Multiple Choice

Using the rule of 70, if the GDP per capita growth rate in the United States is 3.5 percent, real GDP per capita doubles every

• A) 20 years.
• B) 24.5 years.
• C) 35 years.
• D) 70 years.

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Definitions:

Support Staff

Employees who provide administrative or other support services, helping to maintain and enhance the operations of an organization.

Maximize Efficiency

The strategy of optimizing resources and processes to achieve the highest possible output or effectiveness from inputs, often with the goal of increasing profitability.

Job Complexity

Refers to the number and difficulty of tasks required in a job, as well as the variability and unpredictability of those tasks.