Consider an imaginary economy that has been growing at a rate of 6% per year. government economists have proposed a number of policies to increase the growth rate but first need to convince the president that the policies will pay off. to do so, they want to present a comparison of the number of years it will take for the economy to double, depending on the growth rate. using the rule of 70, determine the number of years it will take the economy to double at each growth rate.

Expected growth rates:

If we use the rule of 70, then the number of years it will take the country's economy to double are as follows:

Explanation:

Generally the rule of 70 is more accurate for low growth rates, between 1-5%, and the rule of 72 is more accurate for growth rates between 6-10%. But the difference is really small.

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.

answer; institution based;