In this case we would use the rule of 72 to calculate the


In this case we would use the Rule of 72 to calculate the doubling time for each country. (Remembering to present it as a whole number)

  • Compute the doubling time for France's per capita real GDP. 72/1.9% = 37.8947 or approximately 38 years
  • Compute the doubling time for Korea's per capita real GDP. 72/4.2% = 17.1428 or 17 years
  • What will France's per capita real GDP be in 2045?
  • What will Korea's per capita real GDP be in 2045?

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Business Economics: In this case we would use the rule of 72 to calculate the
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