The Number of Years Required for Real GDP to Double

question 214

Multiple Choice

The number of years required for real GDP to double can be found by

• A) dividing the annual growth rate by 0.07.
• B) multiplying the annual growth rate by 70.
• C) dividing 70 by the annual growth rate.
• D) adding 14 to annual growth rate.

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Definitions:

Mental Representations

The internal images, ideas, concepts, and thoughts that represent one's external reality.

Skinner

An influential American psychologist best known for his work in behaviorism and the development of the theory of operant conditioning.

Recognition

The cognitive process of identifying previously encountered information from a group of choices.

Cognitive Process

The cognitive process of gaining knowledge and comprehension via thinking, experiencing, and sensory perception.