According to the Rule of 70, If a Country Grows

question 46

Multiple Choice

According to the rule of 70, if a country grows at an average rate of 2 percent per year, what would happen after 35 years?

• A) The country's real GDP per capita would double.
• B) The country's nominal GDP would double.
• C) The country's real GDP would double.
• D) The country's nominal GDP per capita would double.

---

Definitions:

Postmodernism

A broad movement in late 20th-century thought and culture characterized by skepticism towards grand narratives and ideologies, embracing relativism, and celebrating diversity.

Culture Jamming

The act of subverting mass media and consumer culture messages, often using parody or satire, to challenge or critique societal norms and values.

Cultural Capital

Non-financial social assets that promote social mobility beyond economic means, such as education, intellect, style of speech, and dress.

Cultural Literacy

The ability to understand and participate fluently in a given culture, including knowledge of history, significant figures, and pivotal events.