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Office Hours: Rule of 70
| Content Provider | WatchKnowLearn |
|---|---|
| Description | One of the of the practice questions from our "Growth Rates Are Crucial" video asks you to compare real GDP per capita for two countries that start at the same place, but grow at different rates. It’s a little tricky: Suppose two countries start with the same real GDP per capita, but country A is growing at 2% per year and country B is growing at 3% per year. After 140 years, country B will have a real GDP per capita that is roughly ________ times higher than country A. (Hint- you may want to review the “Rule of 70” to answer this question.) We asked our Instructional Designer, Mary Clare Peate, to hold virtual “office hours” to guide you through how to solve this problem. Join her as she discusses your questions!Is there a different practice problem that has you stuck? |
| Language | English |
| Access Restriction | Open |
| Rights License | Educational Community License |
| Subject Keyword | k-12 homeschool Gross Domestic Product homeschooling home school parents educational videos k12 preK-12 Social Sciences Economics and Business Economics Social Studies Economics Concepts Macroeconomics |
| Content Type | Video |
| Educational Role | Student Teacher |
| Educational Use | Self Learning Lecture |
| Time Required | PT5M10S |
| Education Level | Class XI Class IX Class XII Class X |
| Pedagogy | Lecture cum Demonstration |
| Resource Type | Video Lecture |
| Subject | Measurement of National Income |
