Using the Rule of 72, Calculate the Average Annual Growth

question 37

Multiple Choice

Using the rule of 72, calculate the average annual growth rate of GDP needed for a country to double its size in just four years?

• A)12 percent
• B)4 percent
• C)18 percent
• D)72 percent
• E)28 percent

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Definitions:

Telemarketing Scam

A fraudulent activity that involves using telephone communication to deceive people into sending money or revealing personal information.

Violent Crime

Acts of crime that involve force or the threat of force against others, including homicide, assault, and robbery.

Older Adult

Describes an individual who is in the later stage of their life, typically considered to be ages 65 and above.

Fear Of Crime

A psychological phenomenon where individuals experience emotional and psychological distress due to the perceived risk of becoming a victim of crime.