Country a and Country B Initially Have the Same Per

question 97

Multiple Choice

Country A and country B initially have the same per capita income. Suppose that A sustains an annual growth rate of 3.5 percent, while the annual growth rate of country B is 1.75 percent. The "rule of 70" indicates that after forty years, the per capita income of country A will be approximately ____ that of country B.

• A) one-half
• B) 70 percent greater than
• C) twice
• D) four times

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Definitions:

Bureaucrats

Officials within an organization or government who strictly adhere to rules, procedures, and protocols.

Autonomous State

A concept where the state is seen as an independent entity, capable of making decisions and policies without external influences.

Public Interests

Concerns, values, or goals shared by the public or a community as a whole, often guiding policy or social action.

Autonomous State

A political entity that has a significant degree of self-governance, or independence, from higher authorities.