According to the Rule of 70

question 3

Multiple Choice

According to the rule of 70,

• A)​if a country is growing at 14% per year, its output will double in approximately 5 years.
• B)​if a country is growing at 10% per year, its output will double in approximately 7 years.
• C)​if a country is growing at 2% per year, its output will double in approximately 35 years.
• D)​all of the above are true.

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Definitions:

Promotion Mix

The combination of multiple promotional tools used by a company to communicate with its target market and achieve its marketing goals.

Wasted Coverage

The portion of advertising reach that goes beyond the targeted audience, often resulting in inefficient spending of marketing resources.

Outdoor Advertising

A kind of marketing strategy that utilizes outdoor spaces to display promotional messages or advertisements, often visible in high-traffic areas.

Dissemination

The act of spreading information, knowledge, or ideas widely, especially through media, publications, or any form of communication channels.