Using the "Rule of 72" Approximately How Long Will It

question 32

Multiple Choice

Using the "rule of 72" approximately how long will it take for productivity to double with a constant productivity growth rate of 1.5 percent per year?

• A) 18 years.
• B) 48 years.
• C) 72 years.
• D) 108 years.

---

Definitions:

Devil's Advocate

Someone who, for the sake of argument, adopts a position they do not necessarily agree with, in order to debate or explore the idea further.

Career Advice

Guidance or recommendations regarding professional development and strategies for career growth.

Mental Rehearses

The process of mentally practicing a task or envisioning a situation, often used as a technique to improve performance or prepare for specific scenarios.

Track Record

The accumulated history or performance data of an individual or entity, often indicating success or reliability over time.