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Scenario: Growth Rates
Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year. Real GDP per capita of China is $4,000, and its annual growth rate is 7%.
-(Scenario: Growth Rates) Look at the scenario Growth Rates. According to the rule of 70, how large will China's real GDP per capita be in 20 years?


Definitions:

Self-Defence

The right to respond to an assault with as much force as is reasonable in the circumstances.

Assault And Battery

Legal terms where "assault" refers to the threat of bodily harm, while "battery" refers to the actual physical impact on another person.

Consent

Voluntary agreement or permission given by a person with full understanding of the matters involved.

Tort Of Defamation

A legal wrong involving making false statements about someone that damage their reputation.

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