If a Country's Economic Growth Rate Is 4 Percent a Year,approximately

question 102

Multiple Choice

If a country's economic growth rate is 4 percent a year,approximately how many years will it take to double its Real GDP?

• A) 22.2
• B) 25.0
• C) 15.6
• D) 17.5
• E) 8.8

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Definitions:

Similarity

The state of being alike or sharing common features, often used in psychology to explain patterns of attraction and social cohesion.

Numerosity

The cognitive ability to understand and recognize quantities or the number of objects in a set.

Reciprocity

The social norm that suggests people should return help, not harm, to those who have behaved kindly towards them.

Foot-In-The-Door Technique

A persuasion strategy that involves getting someone to agree to a small request in order to increase the likelihood of agreeing to a larger request later.