The Rule of 70 Tells Us That

question 305

Multiple Choice

The rule of 70 tells us that:

• A)it takes most countries 70 years to increase real GDP growth.
• B)the number of years it takes for a variable to double is equal to 70 divided by the annual growth rate of the variable.
• C)the number of years for real GDP per capita to double is the current growth rate plus 70.
• D)only 70 countries can have real GDP growth at any given time.

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A small-sized type of volatile computer memory that provides high-speed data access to the processor and stores frequently used computer programs, applications, and data.

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The process of starting up a computer from a powered-down or off state, involving the loading and initialization of the operating system.

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The process of creating new ideas, products, or methods, often leading to improvements or significant changes in a particular field.

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Refers to the process of choosing the physical components and devices needed for a computer system or network.