The "Rule of 70" Is a Formula for Determining the Approximate

question 56

Multiple Choice

The "rule of 70" is a formula for determining the approximate number of:

• A) Years that it would take for a value (like real GDP) to expand 70 times
• B) Years that it would take for a value (like real GDP) to double
• C) Times a value (like real GDP) is a multiple of 70
• D) Times one could double a certain value (like real GDP) over 70 years

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Definitions:

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