According to the Rule of 70, If Real GDP Per

question 50

Multiple Choice

According to the rule of 70, if real GDP per capita is growing at 2% a year, in 100 years it will have increased by:

• A) about 4 times.
• B) about 7 times.
• C) almost 30 times.
• D) almost 60 times.

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Definitions:

Coercing Phase

A stage in a process or negotiation where pressure is applied, often forcefully, to influence outcomes or ensure compliance.

Refreezing

In change management, the process of stabilizing a system or organization after a change, ensuring new behaviors or processes become permanent.

Planned Change Process

A deliberately structured approach to transition individuals, teams, or organizations from a current state to a desired future state.

Unfreezing

The initial phase of change where previous behaviors, norms, or attitudes are questioned and destabilized to facilitate change.