question archive Calculate the following values with the aid of the rule of 72
Calculate the following values with the aid of the rule of 72
Subject:BusinessPrice: Bought3
Calculate the following values with the aid of the rule of 72.
a) If the annual growth rate of real GDP is 4.8% then it will take years for a country's real GDP to double.
b) If the general price level doubles each 46 years the average annual rate of inflation is %. Enter your response rounded to 1 decimal place.
c) If the annual population growth rate is 3.6% then a country's population will double approximately (how many) times in 100 years. Enter your response rounded to a whole number.
