A Convenient Rule of Thumb Called the "Rule of 72

question 38

Multiple Choice

A convenient rule of thumb called the "rule of 72" states that a quantity growing at x percent per year doubles in size approximately every (72/x) years.
-Refer to the information above.If an economy can raise its annual real GDP growth rate from 1.8 percent to 2.4 percent,its real GDP doubling time is reduced by ________ years.

• A)30
• B)24
• C)10
• D)43.2

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Definitions:

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any prior learning.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.

Learning Theories

Frameworks that describe how information is absorbed, processed, and retained during the learning process.

Behaviorism

Learning theory that emphasizes the predictable role of environment in causing observable behavior.