Over the Past 50 Years, Brazil's Population Growth Rate Has

question 63

Multiple Choice

Over the past 50 years, Brazil's population growth rate has averaged about 2.3 percent. According to the rule of 70, Brazil's population will double in about:

• A) 3 years
• B) 30 years
• C) 33 years
• D) 161 years
• E) 1.6 years

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Definitions:

Mutually Exclusive

Refers to a situation where the selection of one option automatically excludes the possibility of choosing any other option.

Replacement Chain

A capital budgeting decision tool that compares different projects or investments with unequal lifespans by calculating their equivalent annual costs or benefits.

Profitability Index

A financial metric used to measure the relative profitability of an investment, calculated as the present value of future cash flows divided by the initial investment.

Discount Rate

The discount rate utilized in determining the present value of future cash flows through discounted cash flow (DCF) analysis.