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    Exam 15: Economic Growth
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    Using the "Rule of 72" Approximately How Long Will It
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Using the "Rule of 72" Approximately How Long Will It

Question 32

Question 32

Multiple Choice

Using the "rule of 72" approximately how long will it take for productivity to double with a constant productivity growth rate of 1.5 percent per year?


A) 18 years.
B) 48 years.
C) 72 years.
D) 108 years.

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