Based on the Rule of 72, It Would Require 18

question 85

True/False

Based on the rule of 72, it would require 18 years for an economy to double its real output if the annual growth rate was 4%.

---

Definitions:

Sharing Responsibilities

The act of dividing duties and tasks among members of a group to ensure collective accountability and efficiency.

Acute Illness

A disease or condition that comes on rapidly and is typically of short duration, often requiring urgent care.

Low Self-Esteem

A condition characterized by a lack of confidence and negative perception of oneself.

Infrequent Eye Contact

A behavioral characteristic where an individual makes less eye contact than is culturally expected, which can be interpreted in various ways depending on the context.