What is the rule of 70? The rule of 70 A. is a mathematical formula that is used to calculate the number of years it takes real GDP per capita or any other variable to increase by two hundred percent. B. states when an individual can be eligible for full social security benefits. C. is a mathematical formula that is used to calculate the number of years it takes real GDP per capita or any other variable to quadruple. D. is a mathematical formula that is used to calculate the number of years it takes real GDP per capita or any other variable to double. Your answer is correct. If real GDP per capita grows at a rate of 9.69.6 percent per year, it will take nothing years to double. (Enter your response rounded to one decimal place.)
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Home » Business » What is the rule of 70? The rule of 70 A. is a mathematical formula that is used to calculate the number of years it takes real GDP per capita or any other variable to increase by two hundred percent. B.