Estimations calculated using the rule of 70:
A. make it easier to appreciate how small differences in growth rates can add up to huge differences in income over time.
B. make it easier to appreciate how big differences in growth rates are needed to create any real difference in income over time.
C. are simple to use, but make it difficult to see the relationship between growth rate and income over time.
D. are simple to use, but give estimates that have been proven wrong in recent decades.
A. make it easier to appreciate how small differences in growth rates can add up to huge differences in income over time.
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The expected rate of return from a share of stock consists of:
a. a dividend return b. capital appreciation (or depreciation) c. interest d. a and b only e. a, b, and c
Gross Domestic Product is an economic aggregate that represents the
a. potential output of a country. b. total product of a nation's economy. c. total income earned from all sales. d. total product that a country exports.
Many Marxist sociologists assume that large-scale economic structures are the most important factors in people's lives. Given this, what sort of sociology would these sociologists tend to prefer?
Older Americans living on a pension and therefore on a fixed income, tend to be made
What will be an ideal response?