Answer to Question #166240 in Macroeconomics for Tyaire

Question #166240

The time it takes for something to double is approximately equal to, divided by the growth rate

Expert's answer

calculate the doubling time (in years) by dividing 70 by the annual growth rate.

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Explain what is meant by national income equilibrium and how it may change
2. Suppose the market demand and supply function for cookies per day in Puri city is given as Qd = 20-2
3. The South African income tax system is
4. Consider the case of a chemical plant that discharges polluting waste into a river. Further downstre
5. Q2: Collate CPI data for the last 20 years and prepare a graph of CPI vs Year. From graph identify t
6. First, suppose we have a representative individual living for two periods and has utility, U = ln C1
7. First, suppose we have a representative individual living for two periods and has utility, U = ln C1