According to the rule of 70, a country will double its real GDP per capita in 10 years if it:
A. experiences a 7 percent growth rate in per-capita GDP.
B. has inflation of 7 percent.
C. has a population growth rate of 7 percent.
D. None of these is true.
A. experiences a 7 percent growth rate in per-capita GDP.
Economics
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Indicate whether the statement is true or false
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