Using the Rule of 70, If the Country of Flowerdom's

question 17

Multiple Choice

Using the Rule of 70, if the country of Flowerdom's current growth rate of real GDP per person is 7 percent a year, how long will it take the country's real GDP per person to double?

• A)1 year
• B)2 years
• C)10 years
• D)49 years
• E)7 years

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Definitions:

Personal Testimonials

Statements made by individuals, often based on personal experience, used to recommend or promote a product, service, or idea.

Norms

Unwritten rules and expectations that regulate the behavior of members within a group, shaping their actions and interactions.

Esprit De Corps

A feeling of pride, fellowship, and common loyalty shared among members of a group or organization.

Behaviors

The actions or reactions of a person or animal in response to external or internal stimuli.