If an Economy Has a Real GDP Per Capita Growth

question 146

True/False

If an economy has a real GDP per capita growth rate of 2%, it will take 14 years for GDP per capita to double.

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Definitions:

Internal Political Efficacy

Refers to an individual's belief in their own ability to understand and influence political events and processes.

Political Affairs

The processes, policies, and activities that relate to governmental actions and the governing of a state, country, or community.

Judicial Decisions

Outcomes of cases resolved in a court of law, setting precedents for future legal interpretations and rulings.

Legislatively Sponsored Law

Refers to laws that are initiated, promoted, or supported by members of a legislative body.